It was listed on the MLS previously as a traditional sale and didn't sell

The seller wants to do a private sale(yes I have an inspector and contractor on hand).

Seller send Purchase Agreement to title company (title company only charges if the file closes, right?)

We are closing similar loans to this one in 2-3 weeks. 

This strategy has allowed me to save on closing costs, secure favorable financing terms, and refinance almost immediately, all while minimizing my down payment.

And, even if you could find an appraiser to do an evaluation, it's not clear how that would help you.As you state, the motel has been shut down for nearly three years, so there's no current financial data.But even if you had recent numbers, you're planning to operate it as a sober living facility, which I suspect is a very different business model.You need to find a comparable facility in or near your local market and develop your own customized financial analysis model based upon this particular property.Then, given your business objectives (cash flow and cash-on-cash return, I assume), you'll need to back into what purchase terms you'll need to achieve those objectives.Only then will you be able to determine whether these seller financing terms will work.As far as documentation to get started, a letter of intent (LOI) is commonly used but you might move straight to a purchase and sale agreement, particularly if no agent is involved.Whichever path you choose, just be certain to give yourself plenty of time to thoroughly perform your due-diligence.

Good morning, Is there a practical difference between a tax lien sale and a general tax sale?

Hi I'm looking for lenders that will do a bridge loan on 2 properties that I have listed for sale, so that I can purchase the target property, in a 1031 exchange. 

It’s super relatable, especially since your friend is around the same age and also just getting started.Also, as someone who works closely with newer investors, especially those with busy careers like your friend, I’d love to share some insight on how she can diversify her income while keeping it relatively hands-off.

Fast forward 3-5 years from now and even though rates are down those same homes are now worth or selling for $50K to $100K more.You end up losing more money waiting for a rate to come down versus being able to buy a home for a lower sale price.