Extremely conservative number crunching indicates I could make $600.00 a month net from this property AFTER it is rehabbed.

I understand wholesalers are at times a little more persuaded towards seller financing because of cash crunches or because of life goals/farm areas motivate holding seller financed properties in rental portfolio.

I've already built my own .xlsx for crunching numbers (CAP, CCR, NOI, Returns, Mortgage, expenses, etc...) to evaluate a property.If it helps in your feedback, my short term targets are going to be 4-plexes in need of minor rehab or already occupied.I have my painter, HVAC, and Buyers Agent lined up.

That would mean my equation would look like this for a property that makes sense to buy:.91*[(R*36)/2] > (Acquisition + Rehab)So, after doing some number crunching on some real life examples (assuming 9% property management fees and the 50% rule), it would appear that dividing the rent amount by .061 I can come up with my max purchase price.

Jason: Its good that you are crunching the numbers.

I suggest you crunch some numbers and if reducing principal is your best use of funds with such low current rates (unlikely if you're an active investor) I suggest yo always take the longer amoritization and make additional payments to the mortgage.

For years I crunched real expense numbers and often used worst case scenarios so I wouldn't delude myself about cash flow.

I know there are personal situations such as financial crunches and divorces, where one simply wants to get rid of the property.

I am the kinda guy does number crunching and deal searching.

If you want to take the time to crunch the numbers, try to lock the owners into an agreement giving you a 15 or 30 due diligence period.