Going over this topic with our real estate clients, the two main things that stand out is how favorable this is and when you look at the zoning maps, how many zones there are.

Great cashier flow but no financial records due to previous owner running it as a non profit, sorry selling as non performing asset.

I would like to lay out how it currently stands and see what more experienced investors would do in my situation.My father owns 12 rental properties, they are all in a family trust. 3 are managed by a property manager, the rest I manage for a small salary.

thank you.i've been reading as much as i can get my hands on for about a month now. that's just a base; i find talking to folks involved in this area to be invaluable.fortunately i've built a team in the past before i even knew that i'd be getting into this. i have a broker and lender at bat already. i'm looking to expand on investment partners as well.our goal (my Wife and i) is financial freedom - eventually. i'm 37 years old - and starting now is better than nothing!

As it stands there is an appointment this coming Tuesday for them to come supposedly replace the chimney cap and check the top portion of the vent pipe.

Agreed, if they did have that money sitting around 9 of 10 times they would not want to give to the lender they would prefer to keep it based on their difficult financial situation.

Everything else being good--appraisal, environmental, personal credit--this should be financiable.

i am a newbie investor and i am interested in discovering what markets are good to invest in, i live in NYC and i feel like investing here would set me back financially.  

Greetings, I'm Sean Vitale and I found my way to BP through Mister Money Moustache on a search for financial freedom. 6 months ago I had no financial plans and I almost bought a single family home with no understanding of what that meant for my life or how it factored into the big picture. 

Thanking god every day for my blessings already and needed a little help financially and really has helped me out.