You would probably need to do a double close.

Both are 2-bedroom Single Family Homes.

It is on deep water with a double dock & a boat lift.It is hard to find large lots on the water that are in child friendly neighborhoods.I would live there for at least 10 years.primary residence.I would need 3 years to get my credit together for a loan.I could afford 1600-1700 a month.

i just order 1,000 4x6 for $46 something double side color at www.gotprint.com.

PLEASE point out any errors/misassumptions.Deal Information As It Was Given To Me:2 brick buildings24 units total Price $760,00022 2-bed rooms, average monthly rent = $5002 1-bed rooms, average monthly rent = $450Every unit has a seperate gas hot water tank + seperate gas heating furnacesAnnual Rent Income = $141,720 (Building would have to be at 99% occupancy for the past year?)

You do not need any cash or little cash in most cases when doing a wholesale transaction, sometimes you will do what they called the double closing.

It looks as though it started in the kitchen or bedroom on one side of one of the apartments, and kind of spread out from there (the other downstairs apt. barely got any .)

And they both double in price over 10 years.

For the Short Sale Double ClosingA to B; B to CPros:If you choose the Land Trust, you will have the added advantage of seasoning to allow the end buyer to possibly qualify for FHA financing (The New Sub-Prime).If you choose the Option Contract, you have the flexibility to unravel the transaction without a mess if you are unsuccessful in flipping.More Pros and Cons to follow

A mini-storage in this case.