I'm unaware of the current lease agreement with him and the seller.

Details of my situation below...My wife & I are currently in the middle of  a 1031 Exchange where we're selling a condo in Boston and using the funds to purchase a triplex in Worcester.

It was convenient for him because asking price was below market value and the home had a basement apartment, which he rented out after purchasing.

So qualitative factors like having liquidity from not exchanging might push you in that direction. 

The market is cooling slightly, with more homes selling below the list price, which could provide buyers with more leverage in negotiations.Conclusion: A Region on the RiseLouisville and Southern Indiana are clearly on an upward trajectory.

I know it’s an often visited topic, but I would be interested in receiving private messages from those of you who currently offer no money down options for fix & flip and fix & hold investing.

That's the current lending environment.

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

I am interested to here from short term lenders - bridge loans etc about what software or processes you currently use to manage your loan book. 

Hi Everyone, I am an OOS first time investor and got a SMF built in 1920 (2 units, 1bd/1ba and 3bd/2ba) under contract at 20K below purchase price (@190K) with both units currently rented ($850 and $1200).