Good morning Bigger Pockets!

Good morning everyone, I found a 2-family home with 3 bedroom/1 bath unit per floor, including the basement and the attic.

@Akilah Smallwood  I passed the house this morning, it's still for sale and the roof is covered in pine straw.

Good morning,I am curently brand new within the real estate game but intend to purchase my first fix and flip by the end of the year!!!

Good morning Nathan.

Good morning everyone,I found a 2-family home with 3 bedroom/1 bath unit per floor, including the basement and the attic.

To my surprise she said “That sounds fine”.That next morning I called a realtor, listed our house and started looking for properties in Denver, Colorado.Our current residence sold very quickly, and we moved into a single bedroom apartment in an “OK” part of town.

NOI divided by the cap rate will give you the value of the property.

Some old park owners pile expenses from other businesses to reduce NOI to reduce income which reduces taxes.You need to buy the 30 day due dilligence kit from Frank and Dave at mobilehomeuniversity.com.The sellers (and or broker) are idiots taking raw income dividing by 0.1 (10 cap) to arrive at asking price!!!    

I then told him that I have been looking for an investment property to buy, I can close fast (as fast as my hard money lender can move I guess) and I asked if we can meet at the house in the morning to see if we can come up with a win-win situation that would allow me to purchase the home and RENT IT BACK TO HIM.