Investment Info:Single-family residence buy & hold investment.

He claims others want to make an offer, but unless it's a full cash buyer (which is rare in our small town), I doubt they’d be able to close faster than us.I’m getting the sense that he may not actually want to sell, and this whole process is just a way for him to tell his wife that no one could buy it.

Quote from @David Ojo: Investment Info:Townhouse buy & hold investment in Baltimore.

Purchase price: $330,000 Cash invested: $360,000 A cash (silent) partner and I are buying this duplex, flipping it to an ARV of $460,000 then doing a cash out refi or selling it for a profit.

One of my buy box requirements is the house needs to cashflow at least $500 per month or I am not buying it. 

I've also seen it where legal counsel has had each of the spouses form their own single member LLC and those LLCs purchase the new property as tenants in common.Food for thought - You'll almost always get a better interest rate and terms buying as yourselves. 

We would have to come oop about 400-450 for 2nd HH.Also planing to use other rest of heloc for a dscr or brrr so that would possibly help as well.Would you wait until rates drop to do another HH and just buy the brrr/dscr now?

If that price point is too steep for the size you want to reitre into then buy two replacements. 

If you're buying a true investment property (meaning you wont live in it), FHA is completely off the table and Conventional/DCSR will require 15%+ down.

He cannot force you to buy a lawsuit, which is what you would get from the tenants.