If a seller is stuck on their price then I need to get favorable terms.

In this example, I didn’t include any CapEx costs and the loan is 75% of the value.LTCWith a LTC structure, the lender is willing to lend funds as a percentage of the underlying asset’s purchase price plus renovation/repair costs (project cost).LTC financing is generally viewed as favorable for the borrower albeit, riskier, due to higher leverage, less debt service coverage, and renovation risk in the form of underbudgeting.LTC = Loan Amount / Project CostsMost often, lenders are willing to offer LTC terms structured as a bridge loans.

Not only you'd be against the government's interests but they've already proven they won't hesitate to arbitrarily infringe on your property rights.Why anyone would want to invest in a market where cash flow is deeply negative, the laws favor tenants  and the government does anything they can to prevent you from getting capital gains of taxing them mightily if you do get them is beyond my understanding.While it might make sense for a wealthy Chinese to park their money safely in a Vancouver property and not care about making money with it, it won't make sense for the average BP member who's in wealth creation mode.

He moved in slow motion.

I'd also recommend structuring your LLC in a state with favorable tax laws.

I too was thinking the terms seemed very favorable.

Be prepared to negotiate on price, terms, and repairs to secure a favorable deal.

Generally I'm big time in favor of holding your previous residence as a rental when you move out to take advantage of the great interest rates.

With the drop in interest rates and the easing of the Fed's interest rate policies, there's an anticipation of a more favorable lending environment which allows investors and home buyers to be more considerate of buying properties.

Once you have the cash and are ready to invest that tax advantage tend to be extremely favorable. 300k liquid is great place to start.