The models are all over the board...try to find something that is already rented and performing or has a rental guaranty from the provider.

In theory, you could undertake legal action to make the seller "perform" on the original contract you had.

Is the work performed by California agents 5x that of the work performed by Ohio agents ????

Another issue is a tenant is still restricted to the use of property, making improvements and other aspects that require an owner to perform, like in contracting and obtaining building permits.

@David Wiebelhaus The selling agent will usually say anything they can to get you to buy to be honest, so I would pay close attention to performing my own due diligence.Moving along, I think the numbers look alright.

There is a limit as to what you can pay them for services performed.

Before you make an offer, you should perform a complete {DCF} analysis of the property to know the upper end of your purchase range to achieve the cash-flow / returns you desire.

On non-performing notes such as these, the collateral value is much more relevant than unpaid balance.Please take the advice from a Fund Manager that manages non-performing notes for a living and been in the business for over 20 years.

Via Delayed Financing, a buyer can purchase a home with cash, make the necessary home repairs, and then perform a cash-out refinance on the home's existing equity.

On top of what she mentioned, they are going to look for a solid DSCR of 1.25+ on the property performance.