Ask about financing and see what their rates are AFTER they give you price quotes.The parking lot is currently causing significant flooding, along with numerous cracks, potholes, and tripping hazards.

I'll explain...When you purchase a property with existing tenants, who have a lease in place (in MN you can also have verbal leases), you'll inherit those tenants and the leases they signed with the seller on closing day. 

What options do we have for locking in purchase of the property NOW & him avoiding the tax hit of an immediate sale before it goes back on market next year.

Purchase price = x Cash down = 0Owner Financed amount = x  interest rate = xMonthly interest only payments to seller = x 20 yr. term = x so on and so forth with gross PP?

How long after I purchase the property do I have to move in?

Looking to purchase a duplex tenant is month-to-month and the other has a 12 month lease that ends in April 2025.

I am an investor myself here in Columbus OH - started purchasing rentals and grew my portfolio to over 7 figures.

If you have the cash and the credit and the deal scenario works (meaning the project cost is less than 75% of the ARV) then you should get 80% - 85% of the purchase, 100% rehab held in escrow, at about 2 points with like a 1500 service fee.

We may have three or four different purchases (to keep the personal items separate from the individual business expenses.) 

I am looking to start investing myself by purchasing a primary residence and then converting to LTR after 1-2 years.