Purchase price: $785,000 Cash invested: $156,000 Short term vacation rental in Panama City Beach.

Without going into too much detail, my current situation stems from selling a previous company via partial owner financing, only for the new owner to default on the purchase, leaving me in this position.For traditional financing, I understand I’ll need at least one, if not two, years of solid credit history, tax filings, and other financial documentation.

Purchased a 4 unit property in Cincinnati (Avondale) 2 months ago.

Most of our loans are fully amortized and those that aren't, are 10 year balloons where we'll have more than 50% equity (at the purchase price) upon loan maturity in 2030+. 

I've been investing in real estate for 10 years and have purchased and rented 50 sfh's and duplexes.

Quote from @Nick Am: I own a rental property through a single member LLC (say LLC-A) and I am in process of purchasing another property under the same LLC-A.

So you wouldn’t get any depreciation on your new purchase assuming you only spent the $450k.

I went through similar experience when I purchase rentals from a turnkey provider in Indianapolis.

Purchase price: $45,000 Cash invested: $40,000 Renovation Overview: 1453 Southfield Dr, Columbus, OHWe've transformed 1453 Southfield Dr into a modern residence.

I have an opportunity to purchase a mixed use property that seller is open to using partial seller finance.