But comparable sales will also factor in somewhat because, at the very least, the seller will be looking at comparable sales to arrive at a list price.

That would make his monthly payment higher than the numbers you arrived at.

If I can partner with the current lien holder and he brings 15% into the deal, then the mortgage first mortgage will be $1,062.50If the NOI were higher, then I could ask the seller for DPA and arrive at the seller's price but with 100% financing or near to thatIf these lenders are good companies and my situation fits their lending criteria, I will be asking about them later in another forum

Yes, they need help being adults especially with baby arriving in 3 months but we're trying to deal with that which is an entire other issue so please don't go there.

After you arrive at your eventual sale price, subtract your rehab costs, carrying & quiet costs, and desired profit.

I don't particularly care how I arrive there in regards to my distribution of units.

@Travis Rasmussen do you have to disclose that you have exterior cameras in your listing or do you inform your guests at some point prior to their arrival?

Maybe I say I spent $65k on it... if he uses that number I throw out (which he shouldn't) then he arrives at $150k, yay for me.

In using these two methods for my analysis, I arrived at an interest rate of 4.99% interest only.

If it has a sale date that hasn't arrived yet, it is till owned by the owner.