There may also be Excess or Surplus Lines Carriers that will do it.  

I'm thinking probably not but there will be a surplus when it goes to bidding that I don't know where that would go LOL Thanks

2 Family Building RentMortgageOther ExpNet Profit 1st Floor - Taxes 1,124 2nd Floor - Insurance 292 3rd Floor 1,500 Heat - 4th Floor 1,550 Water&Sewer 150 5th Floor 2,800 Electric 100 Store - Maintenance 200 Total Monthly 5,850 4,316 Total Monthly 1,866 (331) Total Annual 70,200 51,787 Total Annually 22,388 (3,975)Owner based on downpaymentOwnership %Monthly IncomeAnnual IncomeCash DownROI %Joe100.0% (331) (3,975) 124,500 -3.2%0.0% - - - 0.0%Total100.0% (331) (3,975) 124,500 -3.2% Dollars Rent Multiple: Building Mortgage Purchase Price $ 995,000 14.2 Loan Amount $ 895,500 201K Renovations - Loan term in years 30 Seller Concession Percent 0% Cap Rate: Interest Rate4.000%Seller Concession Dollars - 4.8%Monthly Payments $ 4,316 Price with Concession $ 995,000 Annual Payments $ 51,787 Percent Cash Down10.0%ROI:Cash for financing 99,500 -3.2% Private Loan Closing costs (besides concession) 25,000 Loan Amount $ - Cash Renovations - Payback: Loan term in years 30 Cash dispensed at Closing $ 124,500 -31.3 Years Interest Rate4.000%Piti Reserves (6 months) 25,893 Monthly Payments $ - Cash needed liquid at Closing $ 150,393 Annual Payments $ - Tax Impact: Deal Structure Pre Depreciation Profit 11,992 Building Mortgage $ 895,500 Depreciation 36,182 Private Loan - PreTax Profit (24,190)Cash $ 124,500 Tax Rate25%Other Funds/(Surplus) - Tax (Savings)/Cost (6,047)Total Purchase Price + Costs $ 1,020,000

If there was equity, the owner gets the surplus. 

My W2 job is strong and grants me a surplus of income and I have no intentions of leaving either but plan to invest in any property I can where I think there is long term upside potential.

For that entire 30 year period I would have had the surplus cash flow difference between the 1408.43 monthly payment on the 15 year note and the $889.15 on the 30 year note which equals $519.28/month.

For example, many investors go to tax deed sales where local counties sell their surplus properties that were never paid off by the previous owner. 

With a record number of 4,000 COVID deaths occurring this week... where is all that inheritance tax going? Will we see a relief of taxes when the government starts to receive estate money? Since the number of deaths i...

New Braunfels) have a surplus of homes, but would love to hear your take. 

If so, was looking to do that until a positive cashflow(again where I live after 2 homes I'll be at a surplus of about $700-$1000 a month.