I have purchased my first home already!

I recently purchased a property in Fulton County.

Quote from @Dennis McNeely: In a sandwich lease option, the investor exercises their option with the property owner to purchase the property when the tenant-buyer indicates they're ready to exercise their option and purchases the property.

If it's a fixer upper you would account for the rehab and purchase price then compare against the ARV.

Hi Troy congrats on your purchase, which it seems you purchased at a forelcousre auction.

I would appreciate any advice on anything I may be missing with putting this together or should neogotiate before finanlizing.Negotiated so far:Property: 9 Unit - 7 Apartments + 2 Commercial Garages (4 unit apt building + 3 unit apt building w/ commercial garage attached + standalone commercial garage on same lot)Background/Why owner is selling: A seasoned builder of 50 years, the owner purchased the property in the 1970s for around $8,000.00, later developing three apartments and two commercial structures.

Purchase price: $90,000 Cash invested: $60,000 Buy and hold that I still have to this date.

Trial and error help you to determine your list.4.

This sounds like a home run and a great first purchase!!

But one thing is for certain - if it's off-market, you have a much greater probability of getting to the the desired purchase % you are after.