It currently just breaks even with today’s interest rates and reported expenses and therefore wouldn’t meet my requirements of being a cash flowing asset.

Is it common for a broker to ask for an LOI before they can send you over the financials?

Understand factors like demand, supply, demographics, and economic trends.Diversification: Spread your investments across different types of properties, locations, and markets to reduce exposure to risk.Financial Analysis: Conduct comprehensive financial analysis, including assessing potential rental income, expenses, and cash flow projections.

Additionally, the retail sector continues to reel under the pressure of an accelerated shift to online shopping, further exacerbated by the economic repercussions of global challenges.Moreover, the financing landscape has tightened, with rising interest rates putting additional pressure on property owners struggling to meet their financial obligations.

So, you are correct, 9 times out of 10, a client is going to need 20% cash down on a 5+ asset plus fees, closing costs, etc...If you can get the seller to take a 2nd position for let's say 40%, then we would come in 1st at 50%, the seller at 40%, and your buyer at 10%. 

You should be able to cash out up to 75ltv on this asset as long as DSCR is above 1.00 Good luck!

I sold it at 7.5 percent over the course of 30 years and if the party defaults i immediately retake possession pocket the hundred thousand and the months of 7,000 payments and now I have an asset that is probably worth significantly more then when I sold it.

However I prefer it to just be me as this is currently my goal of becoming financially free through real estate and not his at this time.

Speak with seasoned investors or industry experts in your community and let them know you're interested in picking their brains for advice.It's critical to create a well-defined plan and strategy that fits your objectives, financial situation, and risk tolerance.

Yale, in particular, has more money than some small countries, so they certainly have the financial means to invest in the city.