Have you comped our what four condos will sell for vs. two duplexes?

You could structure the deal with seller financing to bridge the gap.Possible offer structure:-Purchase Price: $170K - closer to actual value-Down Payment: Low or zero down to conserve cash-Interest Rate: 3%-5% - or better yet, 0% if the seller will agree-Monthly Payments: Interest-only or deferred until the sale-Balloon Payment: Full payoff in two years when you sellIf he wants $200K, you can still make an offer of:-$170K purchase price + $30K as a second lien due at closing-Seller carries $170K at a low interest rateHe would feel closer to his number, but you still keep within reasonable investment limits.2.

Most times when evaluating a DSCR mortgage, market rent will come into play.

In a very short time you will be able to see a very nice prportfolio building.Best of luck on your road ahead.

With the right tax strategy, you can maximize deductions and reduce liabilities, while having the right insurance and reserves in place will protect you from unexpected costs.By Implementing a quarterly financial review to assess performance and make adjustments to avoid cash shortfalls.

I wish you would have told us the year, it makes a huge difference.Anyway, everything you mention, plus 1) get a camera run on the sewer line, 2) make sure the Elec panel is newer and sized correctly (a lot of HIs will just say if it's functional or not) 3) Foundation ( is it slab or raised?)

But I understand where I’m at now, and am willing to work for free until I can provide such value.A little about me.

There will always be other properties.

I think a lot of the midwest cities will capitalize on that in the coming years with the housing affordability issues the country as a whole has been having.

They fight Federal attempts to remove old wood by suing.