Now, if you find it a tenant within a week or so, you will need to refund the pro rated rent minus any fees you acrrued for re-renting.

I am due to close next week.

They saved it up the old fashioned way, through hard work and grit and all that.If the sales price is $100k, a typical "cash buyer" borrowed the money from Uncle Jeremy two weeks ago.

Your assets are light for a deal this size to qualify.How debt works and ratio's involved will likely depend on what going in cap rate the income throws off with purchase price.There are hundreds of items to analyze when looking over a retail property and takes a lot of time and due diligence.The items listed for roof, parking lot, etc. can equal in to the six figures in costs so very substantial to repair or replace.

There are a few good ones on the market now, and I just sold one off-market last week.

I’ll be meeting w them all next week.

Then spent a few weeks getting it ready to rent, and put it on the market.

Just launched in November have 10 members, meet bi-weekly via a Virtual Call, shared FB group shared google drive docs where we keep each other accountable and provide constructive criticism.

They stopped all communication with me a week after moving out (which was about 4 months ago) until I sent them an email saying I was going to place a judgement via small claims court and report them to the credit bureaus.  

Be mindful I am writing from my cellphone.On Wednesday this week, I noticed for 2 months now I had not gotten paid for one of my homes.