I find it hard to believe there won't be access to some kind of REI meet up somewhere around most anyone these days.I would suggest going to as many REI meet ups as possible.

Add that to the $1.2M and we get a total ask of $4.7M.The $400,000 in earnings could not support that debt service and he was unwilling to lease the real estate to the new buyer. 

A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email support@biggerpockets.com, and someone will help you.

And then you have BP and an army of experienced investors happy to answer your question or poke holes in your deal before you pull the trigger..Be honest with yourself, are you looking for moral support?

Thank you BP family for your support, sentiments, and suggestions. 

At the moment I am still at my W2 job but hoping in time to move full time in RE that being as Broker, FT PM,  and project manager for investor who are looking for support managing rehabs. 

I have down an owner financed deal in 2024 and still actively use a HELOC in support of my flipping.  

Begin by educating yourself through books like The House Hacking Strategy and podcasts like BiggerPockets, and join online communities for support.

Can anyone shed some light on what kind of down payment, terms and qualification requirements we would typically be looking at for an SBA or low down commercial loan?

A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email support@biggerpockets.com, and someone will help you.