Seeing the land agent and the marks coming on the scene, the guy hiding in the brush would turn a valve, and instant spring!

It says it’s been marked down $31K.

However, I mark up the rental price to cover the cost of the HOA, if that makes sense. 

Usually non-recourse debt begins at the $2mm mark or so, depending on the property type.Your best course of action would be to find a private individual that will lend you the capital, or raise it, and have it specified in the loan documents that this mortgage is non-recourse.

Even if you have to sell before the 2-year mark as required by sec 121 rules because of health, work, or some unforeseen circumstances, you might still able to avoid tax.

@Mark Porter I'll PM you the company my clients use.

Hi, im new to real estate wholesaling, i just finished Mark Whitten online course.

Are the rents at market, and is there any room to improve so you can get to that 700 mark and basically make it free to live in the other unit? 

Im looking at the lower streets the closer to downtown the better, Im looking for multi family basically something in a nicer area to develop a building for good rental returns...Do you have any good suggestion right around the half million mark, preferably with approved plansThanks!

@Mark Sewell  in the same boat with you.