More interest is being given to fancy but functional bathrooms such as heated floors, jacuzzi bathtubs, access to phone, tv, music and laptops as well!

New paint, flooring, kitchen and bathroom.

We completely refitted the property with new kitchen, Bathroom, new floor, painting etc.

Typically what kind of terms do the owners expect if they were to lend you a % of the building?

Ex. Lets say I find a 1,000,000 apartment building. Bank will loan 800k and I need 200k for the downpayment.

If the own...

Also, talk to a note buyer to make sure that you structure your note so that it is readily sellable and you arent stuck with it.

How should I structure this deal, if I should touch it at all?

The house has a mortgage of 50,000 (3 bed room , 1 and a half bathroom)Houses in that neighborhood are worth about 75,000 The house has about a ballpark of 20k in repair.

I want the deal, but don't know how to structure it since it is with the bank.

I'm curious for those of you who are trying to buy deals this way what structure are you using for your financing?

(When I say Complete, I mean new Hot Water Heaters, New Furnaces, New Roof, New Windows, New Doors, New Carpet, New Paint, New Light Fixtures, New Electrical Outlets, New Bathrooms soup to nuts, New Kitchens, etc).