Every one we talk to says we got a great deal, im just looking ahead to refinance so we can repay our line of credit.It's your eventual Lender that needs to work out the answer to your question, not you.

That may actually work out twice as good as you can build relationships with these drivers to send you leads if they find any.

Most times I can contact the tenant and work out a "cash for keys" situation and everybody wins.After closing I call the tenant.

Terry Lao I didn’t hesitate when I bought those 40% extra townhouse/condo because the rental numbers work out for me and I have confidence that the coming peak price will be at least 50% more than today current price.

You pass up the opportunity for value appreciation, but how did that work out for folks who bought in 2006? 

If the numbers work out, since the place already being rented, how would you approach it?

The math seems to work out as a good investment.Other related questions that I would now look through:1.

@Christian Nachtrieb Shoot me a message if you're interested and we can work out more of the details. 

Because of it I ended up not going through with the deal because the #s didn't work out.

[Anyone can use an amortization website (eg. usmortgagecalculator dot org) to work out acceptable terms].I agree with those suggesting don't offer asking price, but you maybe ok to offer a bit over your provable sold comps (before or instead of bothering with independent appraisals)?