I had been looking into buying it from them next year on VA loan, and they would do a 1031 exchange to buy a new property..since we have an uncertain future with interest rates and the election i'd like to purchase sooner.My parents mentioned we could look into owner financing by doing a cash out refinance and putting my name on the loan and paying them our downpayment separately.

I will try to negotiate closing cost with seller if I move forward.Wanted to ask ya'll if you think this is reasonable or is the market too uncertain to act unless it cash flows day 1.My current living situation is I rent an apt for $1,000 and fulfills my needs.

It's unusual for the title company to worry about seller financing with an LLC, but their concern might be the 5-year balloon payment risk.

It is not unusual for property managers to mark up maintenance.

I work unusual hours, have unusual days off and work holidays.

We have not previously worked with a private lender, so we are uncertain where to begin with that or what would be considered good terms.

First thanks for reading!I am about 3.5 years away from my military retirement date and want to transition full time into real estate. My wife and I currently own 5 multifamily properties in Anchorage, AK where  am st...

Additionally, I'm uncertain about the unit's condition, and I might need the security deposit for any necessary repairs.The second option is to renew the lease and extend it until November 1st, requesting payment for the two additional weeks.

Maybe also ask your tenants if anything unusual happened.In conjunction with that get the city of Chicago on the horn because it will take a while...Please let us know what it ends up being.

Since I'm dealing with people nationwide, it's not unusual to get a call at 11pm EST from someone in California.