Quote from @Jamir McClinton: OFF-MARKET LAND FLIP View report*This link comes directly from our calculators, based on information input by the member who posted.I just want to know if my analysis is accurate or if I’m way off.

Quote from @Chantel Holsather: I am always an advocate if you can fix up a property to make it more marketable, that is really the way to go.

Seller says they will accept $300,000 down (non-refundable) with lease payments of $4,500/ month (doesn't count towards principal) for 3 years in which we would have to pay the remaining $1.45 million at that point (title stays in seller's name until then and also pays the property taxes).

So, no more screaming tenants, backed-up toilets and non-paying tenants, LOL!

There are still sub-$300k markets out there.

I pay the internet / utilities.

I pay all cash double digit cap rates with NNN syndications.

if you miss your rate lock timing and it costs you to relock who should pay for that?

That's the maximum amount we will pay for the note.

I have 3 months of performance (so DSCR isn't an option.... unless there are DSCR options with only 3 months of performance) and the cabins are doing really well (top 1% for one and top 10% for the other) - even with the huge downswing in the market.