Or if they want a high-interest rate, and your numbers will not work at that interest rate, or if they really want a crazy high price where it will be difficult to cash flow and refinance in the future.

@John CastleberryCost seg has become a highly popular strategy but there are several blind spots to consider.

They said if can get those, they would be very flexible with any other terms for the remainder of equity.Current roadblocks:However, PITI=~4300 >LTR=~3500 and entry would be high at 15-20% so likely the best exit for this would be to buy creatively, and hold until find a wrap buyer, which I am not familiar with how to quickly find.Other two best alternatives = quick pop and top flip by finishing basement + very light cosmetic rehab/upgrade OR MTR as within 15 min drive to 2 of the biggest hospitals and Atlanta GA, and close to the famous East Lake Gold club which is part of the tour.If you are familiar with structuring hybrid deals, wraps, and/or Atlanta GA markets, please reach out.

Therefore, it is important to examine this "yield" in advance and choose a property with high profitability.

Quote from @Evelyn Allasi: Hi, I am new here, new in RE in general, and I have a question, if there is anyone local from Akron I would highly appreciate the input.

It's also an old house without renovation so highly unlikely to get a high rent compared to the area.

Also, my tax bill was super high this year since my property didn't really require any maintenance last year, and this would be a beneficial write-off as it would buy back time and ensure a quality property.

It looks like they are offering a lease as well but I would highly recommend paying a local real estate attorney for a lease.

I remember back in the day I could pretty easily find deals on the MLS that weren't in high crime areas, where the numbers really made sense.

High equity, 10 years owned or preforeclosure or absentee.