You should have a 593 form from escrow that they held some money back, and then anything above what escrow holds above and beyond that amount your CPA will calculate to pay next April or October 2025 (depending if you push back the deadline/file extension).

@Joshua JonesThat low amount gonna be challenging- my recommendation is to focus your time on doing what needs to be done to save $10k of money so you can start buying with your own funds

You can just tell the closing agent that you want your commission to be credited towards the money you need to bring for closing.

You can't really go wrong either way; but you will make more money with the 16 unit. 

Do you have money to take care of the inevitable problems that will occur.

Private money and hard money loans are also available.

Except instead of spending a fortune you’re building wealth.

I simply called you out on your errors, that I believe will mislead people that will cause them to spend money on the systems YOU are advertising and spamming these forums with that will highly likely not work.Here is my suggestion:If you want to make a point, if you want to convince anyone of anything, I would suggest showing data.

I would call some local leasing brokers in your area before you have any non-refundable earnest money to get an idea of the tenant demand for something like this and if you are new to retail leasing/investments I would highly recommend you hire one of those brokers to negotiate the lease for you.

It was intended as a fix and flip, and our original exit strategy was reached. we bought with hard money then did a refi to convential because repairs became drawn out and rented for some cf to by is time. we ended up selling for 405,000 and our loan balance was 235,000.