Property DetailsAddress: 1360 Meadowood Dr, Hixson, TN 37343Type: Single-Family HomeYear Built: 1971Size: 1,008 sqft + full unfinished basementLot Size: 0.27 acresCurrent Condition: Not updated since 1994Roof: New, installed 4 months agoParking: Attached Garage3.

It’s been a few months now and I’m constantly telling my tenants that I didn’t receive payment.

You can put in another offer a month down the road it if is still for sale.

Alternatively, you could suggest an owner financing transaction where they become the bank on the property and this way they get to collect a monthly payment all while getting a chunk of cash up front (your down payment). 

It would be 15 year loan at 4.5% that would get paid when I sell in about 3 years, amounting to $325/month. 

I believe the primary issue is the 20 year term on a typical commercial loan.My current focus is on buying and hold duplex properties, and around me that put the total acquisition costs around $200-250k, with total monthly rents being 1.0-1.3% of the purchase price.  

Professional management and screening will have the largest impact on how your investment performs month to month from a cash flow perspective. 

Option B: get the same $300k as $5k for 60 months, but now with a portion of it being taxable interest.

Let's keep the momentum going and build even stronger connections in the months ahead!

I always had about $150-300 leftover each month.