It is located near a sort of busy street.Here is the property - http://www.zillow.com/homedetails/1723-Olive-St-W-...The only reason I am looking at this property is I know the seller and feel like I could get a better deal than advertised.

So I have a verbal agreement, very informal at this point, from a seller on a piece of development property in St John, US Virgin Islands.

Originally posted by Oliver T.

@Dan Oliver thanks for the reply dan but I am actually looking to live there that's why I was concerned about how decent the area was I am willing to take a temporary hit in my living standards to start investing in myself. 

thanks @Oliver Carey I've reached out to a few lenders so we'll see what they can do.

@Eve Oliver I don't really use CAP rates for single family homes or duplexes, they are usually utilized when purchasing larger multifamily properties.  

@Candis Oliver @Ric Ernst Is it okay if I connect with both of you?

"If you really do have deals, I'll buy the all." seems like an olive branch used as a whip.

6 - 8 PM at the Olive Glenn Country Club.Our next one will be in March and I'm hoping to have a local expert to speak about asset protection and setting up LLCs.

Oliver - I would be interested to hear more about what you have to bring to market?