Am I stretching myself too thin?

I am ok with a  year baloon, just want to stretch it our beyond 20 years.

Don’t be surprised if the closing get stretched to 60 days.

So you could theoretically stretch that $70k into a couple homes not just that 1st one.

My understanding/impression is that most of the 15 tenants are in the 700-1500 sq ft. range with the largest space being 2200 sq. ft.The Office Submarket looks as such: Flat capital growth and lease rate growth since the recession13.7% average vacancy rate in submarket 3 star (10.9% across all level properties)Availability rate 13.9%12 month net absorption SF 227kAverage 12 month sales Cap 7.7% (across all star properties)0 new properties under construction or to be delivered in the next 12 months Average lease rates are $22-24 sq. ft (this property is about 21.5-22)Value add (seems to be a stretch but might be):Upgrading interior hallways and exterior for a broader appeal and capital appreciationOffer basic build outs to interested parties (not something the current owners do) Working against the office submarket in North NJ is a declining population.and high property taxes but the 2 star being at the bottom may be better equipped to handle stagnancy.This building is on main road with a15-17k car count a year/ does provide signage is near retail and less than a 1/5 mile off a highway exit and is close to a city center.  

It stretched us thin and forced us to borrow money from other people.

I can reliably save about 1.5 a month, 1.75 if I stretch.

The key is to buy well and not stretch ARV's to make a deal work.

You can only stretch it so much.

This could easily stretch to 6 months for a newbie.