So you have to decide if that is good enough for you and if the 13.68% CoC is good for you (CoC is cash recieved/cash in.

If the seller is not motivated then I know the deal won't be good enough for me.All you have to do i figure out what his costs are and offer him that s monthly payments.

You want to make sure that however you do your deal you have a good enough DCR (debt coverage ratio) to cover all the notes on the property even when times are tough.You could also look at finding a lender who will let your combine all 10 properties under one loan (blanket) and go to say 80% LTV taking the rest of the cash out for your DP.Hope that helps.JW

After all, they don't care if the seller is on the hook as long as the seller has good enough credit/assets to qualify.The problem I see with that, though, is that I don't think you will be able to remove the seller from the note.

If she did not wanted to talk she could have texted or a short email that will not take her more than 2 minutes will be good enough.

And at the time, my credit wasn't good enough to get a loan.  

Of course, margins have to be good enough to pay those rates to investors.

I think the seller would need to be able to have good enough ratios to qualify for a new loan with this property being counted as well. 

The thing is that if you have a good enough deal under contract, there are other more established investors out there that will be glad to pay cash for it in a matter of days.

I guess if the numbers are good enough on the front end then you end up ok anyway.We're glad you joined us.