Hi,I wanted to see if anyone can review the deal that I just got under agreement and give me some advice and thoughts on it.28 units25 currently rented1 master lease space for laundry room fit outAsking price was 1.6Under agreement for 1.5 with seller holding 100K interst only for 4 yrs. at prime +1 (8.25%)50K downRecent comps in the area support the 1.6 million, however I was told that appraisers will often use the agreement price for the appraisal number instead of the supporting comp numbers.

However, to be frank and honest with you, I'm not exactly sure why the IRRs tend to peak in years 8-10, I just know that they do, and I trust that all money factors have been taken into account in getting those figures.Each case is different, obviously, and are based on projections and not the actual real world numbers, but it gives you an idea going in of what your ideal exit time would be to maximize your return.MIRR addresses the concerns you have about false positives -- it is "Modified" IRR that takes into account the fact that the money kicked out by an investment won't necessarily earn the same return as the money that's still tied up in the investment.

I know there is not one-size fits all, but I have heard what I think is conflicting advice.

So-- neat and clean, professional, age appropriate, nothing fancy or designer that reeks of money (like I'd have anything fitting that description in my closet anyway-- sheesh :mrgreen: )

Thanks for the mail, i will need you to provide me with your full name in which the check will be issue and your complete physical contact address to which it will be sent to by my financier, as soon as you provide these, I will forward it to my financier with an instruction to issue and send you the check.Please i need you to also reconfirm the total move in costs, that is the rent and deposit to be paid.I will also be waiting for the measurements i requested for in order to forward it for the furniture company for the rest of furniture that will fit in well and have it deliver prior my arrival in order to settle in well.I will look forward to your e mail with the required informations.Due regards from me I am looking forward to meeting you soon.Dr.

please check every lenders website, all of them do have they reo's right now, and they dont sell in bulk, i think that would be a perfect fit for you, i talked to all the lenders last week, and they are selling it.just not all the properties on hey website are available, like always.and here is the link from this site:http://www.biggerpockets.com/bank-reo.html

It does not work for most of the investors I deal with, but if the property is being bought as a residence, its not a big deal.

However, as kenvest said, you would need to be able to accurately diagnose potential problems that you see, so therefore getting a professional inspection would be ideal.

Presumably never collected.Currently, in Honolulu, when the eviction has FINALLY run it's course, and it's time to take possession, the sheriff walks in, looks around, declares it "junk", and the landlord changes the locks and disposes of the junk however he sees fit.

Be adventurous, just Google your favorite thing to do then go to images, which is right above the results, then scroll through the pictures and grab the one that fits you best, save it to your hard drive then upload it...