This is the method of choice for new construction in St.

Investor and I want to buy your property at 123 Main St.As-is, any condition, no repairs needed.No more tenant problems, evictions, or STRESS!

@Matt Gregory the main element I would ask you to think about here is that a HELOC is designed as a temporary loan. 

My offer to the seller (please analyze and offer feedback, offering soon)-$230,000 for the house-$60,000 down (paying off lien, avoiding foreclosure, I'll cover closing costs)-Seller financing for the $170,000 balance at 3.5% ($495.83 payment to him monthly) interest only for 5-7 years (seller's choice)-If he takes the offer for 5 years, he'll net $259,749 for the house-If he takes the offer for 7 years, he'll net $271,650 for the houseOverall I think this is a very fair offer and not a bad way for him to get out of this situation considering the alternative.Property and Cash Flow Analysis based on Current RentsOffering Price: $230,000Closing Costs: ~$2,500Rehab: ~1,000 for some exterior paintingDown Payment: $60,000 to payoff lien, closing costs.

My main goal is to eventually have enough rentals to replace my day job.

Mainly looking in Grand Prairie area and Arlington.

I'm looking into rebuilding communities especially those on main roads and close to attractions.

@Katie Lepore I am mainly looking for purchase agreements, but also looking for lease agreements and other documents in the future. 

We just like getting higher returns and diversifying our funds over several properties is really the main reason we invest in the midwest.

The main components to analyzing any investment are income and expenses.