That's the last thing you want to do when you start purchasing these larger properties is over extending yourself and going way over budget.I've also built a financial model that I help other investors analyze property (especially the larger apartments), so if you ever have any questions or need help don't hesitate to reach out.

Extending the invite to everyone else as well.

Housing in such a demand as construction of new casinos ($7B), and Raiders $1.9B stadium, will extend growth through 2020. 

Here are some basics on the property.SFR RentalLong term (3yr) tenant pays $1350/mo + all utilities (tenant is local school superintendent)Owner possibly refinanced at $100k in 2003.26 acres2 /11 1/4 story capeWaterfrontDetached 1 1/2 story garageTown Assessed Value: $122,300Actual resale value: potentially around $150k Deeded access I have put in 10% management, 8% vacancy, and about 6% others (capex, maint, etc.)So here is what I would like to send his way for a seller financed offer with no money down: Seller financed at 5% (30 yr amortization) with a 5 year balloon payoff payment Balance payoff payment at 5 years (~$91,829) Early payoff <24 mos = 10 points ($10000)Early payoff >=24 mos <36 mos = 8 points ($8000)Early payoff >=36 mos <48 mos = 4 points ($4000)Early payoff >=48 mos <60 mos = 2 points ($2000)Option for buyer to extend payoff date up to 15 years (within 6 months of payoff date, at a cost of 2 points.)Buyer to pay all title, recording, transfer fees etc.Total Interest Paid (If paid in full at five year mark):$24,038Total Sales Price with interest (If paid in full at five year mark) : $124,038Keeping in mind that we make money on the purchase, I would like to offer a fairly low purchase price that would help me get my foot in the door, and continue to give him monthly cashflow and delayed capital gains.  

Taxpayers have extended redemption rights starting from when you take possession of the property, extending for three years after that. 

Currently, 60 days before a tenant's lease term expires we decide if we would like to extend an offer to the tenant to sign a lease amendment to extend her lease for an additional year.

If they have an opening in December they just extend the lease length from 12 to 15+ months or do a 6-month lease and renew for 1-year.

I believe that it is right to treat them nice and fair but I would advise against a personal relationship that extends beyond the business arrangement.

I think Johnny will work on getting that lien lifted, and extend the option for the time being.  

The contract has been extended multiple times, with the final date being 2/21.