With this said, all went through fine I was contacted by the FHA representative about three months of owning the deal and I had to write a letter explaining why I had not occupied the premises.

Why Part of a Good Deal is Better Than 100% of No DealHey BiggerPockets Community,As real estate investors, we all want the perfect deal—the one where we control everything, make the most money, and have the best terms.

I do have some investment experience and I'm currently managing 1 property, all the numbers are great and there's a good amount of cash flow and long term growth so I'm not a total green horn. 

As a percentage closing cost as percentage goes down as value increases but we will 15X to account for closing costsNo cash flow per OP.2% market appreciation equated to 30% + 15% = 45% 3% market appreciation equates to 45% + 15% = 60%4% market appreciation equates to 60% + 15% = 75%Recognize in virtually all markets the cash flow increases with hold length especially if a fixed rate loan. 

If you do not reinvest all the proceeds, any excess amount not reinvested is immediately taxable.

I know of a lender around 7.3%, but curious what everyone else is seeing.Keep in mind, we're talking DSCR, not conventional. sounds pretty good is it all on one parcel or separatealso was there a buydown?

It comes with all of my outbound and drip campaign templates, which have taken over 100 hours to build out.

Seller should record their lien against the property, you both should have an attorney review to make sure all interests are property documented and protected, and i think everyone is in a good place. as far as evicting tenants... this is up to what you and the seller can negotiate. i would still be putting on the same contingencies - appraisal, inspection... know what you're buying. don't get blinded by the seller-finance piece. 

Hello All,we are on contract with our first STR now and decided to manage ourselves. does anyone know a good pricing manager/synching system? 

Constructed using all cash, the next steps are to refinance out of the project (Need assistance in doing so) How did you add value to the deal?