Which is why relationships are so important.

In the terms, I would certainly give myself the option of refinancing her out of the deal - but I want to weigh the pros and cons of a long term seller financed deal.I'm seeing the pros of a long term seller-finance like low down payment potential, locking in a low interest rate long term, and not having the pressure of refinancing if the market turns.My questions are - what are some other pros of a long term seller finance deal, and maybe more importantly - what are the potential cons that I'm missing?

More importantly, this is an REO sale, and they typically come with title insurance.....which means the bank will pay off any past due taxes and liens that survived the foreclosure auction.

Ask questions about dealing with landlords, leases, tenant rights and other important issues."

Most importantly I would try to get financial info from the association and make sure they are well managed and ask about special assessments above the HOA fees.

It is more important putting a tax strategy in place now, as opposed to waiting until March 2018 and then going to a CPA with all your questions.

The initial % or static % may be less important than the percentage of cash flow growth overtime.

I’m New to Real Estate Investing, I’m learning as much as possible now before my first deal. I’m looking for feedback on a tried and tested method to undertake in my entrance strategy into the market. I’m looking into...

He thought me how to price properties and that the most important thing is to underprice my flips.

., an actual rentor in with a lease agreement is great documentation.Email conversations with your professionals strategizing on how to treat this property long term is also documentation.Getting the property on your Schedule E is pretty important as well.All of these things paint a picture.