Then it's them unable to sell in the money, and buy a new one cause rates locked up the previous buyers.The 1st point is the real state of unemployment.

In over 15 years of lending our money privately, here are the most common questions we are asked by potential borrowers.

I did my research and requote what would benefit both me and the investor, below is the Finalized CORRECT format of the proposal:Listed price on the property: 459,900MAXIMUM amout of money down on the property: $380,000Method of Payment: CASH OFFER from Investor.

We only needed to pay earnest money and a portion of the closing fees bring upfront investment to 12-15K.

It might be wise to sell it just from a management standpoint and reposition the money into some index funds and maybe another property in NC.

If there weren't any issues than we would refund the money.

Parking is worth more than money down there in OB.....And I am pretty sure that your $$ numbers are low, about 50% at least.

Originally posted by @Jay Hinrichs:Although in the MFR realm this is not a Guru how to make money with no money..

The numbers may look good on paper, but the reality is very different-lower quality tenants, higher turnover, more problems and less money than you'd expect as a result.

You can also hold money for maintenance, capex, taxes, insurance, or other projected expenses.