Unfortunately looking like this specific deal likely won't pan out; seller is definitely not motivated to offload quickly/discounted based on their replies.I found a realtor through BP who I'm now working with to find a property, so progress in the right direction!

Financing might be a challenge.I would recommend consulting with a attorney, loan officer, and CPA to discuss your specific situation and determine the best course of action. 

Hi Matt, if you want good bang for your buck, I would consider the Midwest, specifically Ohio.

Without knowing all of your specifics, I'd say that it's only worth holding on to if you can reasonably expect to have some really good appreciation in the near future (like 5 yrs)....Or, in the case where it would run well as a vacation rental, you could switch the usage, maybe?

By understanding the local market and organizing a strong support network, you will unlock varied opportunities for growth and long-run success.If you’re interested in learning more about how to get started or want to discuss specific opportunities in Phoenix, feel free to reach out to local experts or explore educational resources tailored to this market.How many foreclosures are there today vs 2010 or historical average in Maricopa county? 

In this arrangement, the buyer signs a contract where one of the clauses specifically says that he assumes responsibility for the loan which remains under the seller's name.

Good specifics - thanks.3 story "walk up" - like a unit on each floor?

Happy to help you as you have specific questions.

Hello, I am a 21 year old embarking on my journey into real estate, specifically focusing on multi-family properties.

As a savings of a few thousand dollars on furniture, could determine if your occupancy rate is 65% versus 70%...If the revenue is $50,000/yr that's $2,500 in one year (which could be the breakeven for that specific line-item expense).To determine you total breakeven point occupancy rate, and not just related to the furniture, take your operating expenses plus your debt service and divide it by your effective gross income.