(I could post this in the "Marketplace" if I was advertising it, but I just want opinions on the deal itself.)3 bedroom, 1 bathroom single-familyList price $49,9001 car attached garageCurrently rented at $900/monthTenants have been there about 6 years, not on Section 8Tenants love the house and want to stay; pay utilities and lawn care.House was originally from 1950 but was moved to its present location about 7 years ago.

I'm presently torn between maxing out 2 ccs to spend 500 for 0 interest and to apply the funds to mortgages with the goal of paying them off or shuffling around the debt in a year or two.

But, make that offer subject to full verification of the financial data and ANY OTHER MATERIAL FACT offered by the owner and agent.Document the financials as presented and all material facts in an addendum to the contract.

How you do that depends on your ability to understand what solves a problem for the seller and present something that can benefit them, then they will listen.

I figured saying the ARV was about $175,000 was playing it safe but I dont want to undervalue the home too much and present too low of an offer to the seller.

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Taxes on the lot are just over $500 a year.Hypothetically, in just 6 years if I apply all revenue to this remaining loan I would then cashflow $200 a month roughly in revenue by owning this small lot free and clear.Any wise words of wisdom out there on what you would do if this offer presented itself to you?

I figured saying the ARV was about $175,000 was playing it safe but I dont want to undervalue the home too much and present too low of an offer to the seller.

The LLC being present is an investment structure.The manner in which the partner puts his funds in and the occupancy designation here will matter.

On the evidence presented it is ordered and Adjudged that:1.