We currently have 2 rental properties, one a 4 plex with a 240k balance at 4.5% interest and a duplex with a 155k balance at 5% interest.

Check with your state landlord tenant regulations and see if you can post it on the front door.It is illegal for a tenant to deny access when provided the proper notice.

Generally a REIT might buy a large portfolio and not want all of the properties to re-balance their asset allocation percentages of a certain tenant type or asset class.

Fayez Shantanu Most lenders do not allow you to borrow the balance even if it is in 2nd position.

I first moved to Hville when I moved from MS about 6 years ago and I had to get out of there and move into Nashville proper to meet people in their 20s and be closer to the action. 

Bank balances don’t seem to matter in today’s environment.

HUD pays companies to winterize  vacant homes and I have not gotten 1 yet that was properly done.

You can google the entire process and find out how to flash properly. 

This is how I would structure this deal Shequila:Offer price: $65kDP: 20% [$13k]Seller carry paper: $52kLoan term: balance amortized over 15 year at 5% interest Exit: Balloon Payment at Year 10 [Seller might counter this, so use as a negotiation element (reduce to, say, 5 years)]Monthly payment to Seller: $411.  

Ugh.Does the real estate cycle ever really balance this out in certain high-demand markets?