The interest only options are fewer these days, but that cap rate multiplier with no payment reduction as the balance is paid down would be the deal breaker for me.

For all intent, inpenetrable, due to a Poison Pill Provision.

The recent oil price reductions from $140 per barrel to around $41 per barrell has slowed things some, but Natural gas wells are the big thing on the west side of Fort Worth.Population growth in the Metroplex has been #1 in the US for the past three years running (major metro cities compared only).What type of investments will you be looking to buy, SFR's, duplelex-4-plex, apartments, retail strip, etc?

I was looking at the deal as good based on the starting offer and that any reduction would only make the deal better.

Those don't come along very often, and when they do, they are less desirable properties-- if they are something that anyone wants to own, they will sell for a slight reduction in price.

INCOME 16 units @ $410 per month = $6,560Laundry per month $250 Monthly Gross Income $6,810 Less Vacancy (estimate) 5% $328 Monthly Net Income $6,482 YEARLY INCOME $76,779 EXPENSESTaxes 2009/10 $17,068Insurance2,604Maintenance3,887Garbage1,181Water/Sewer 0Gas/Electric4,771Snow removal/Lawn care 440Management fee (5% estimate)3,839TOTAL $33,790 Expenses are as a percentage 44% Net Yearly Income (before capital reserves)$42,989 Capital Reserve--4% (estimate) $3,071 NET YEARLY INCOME$39,918 288,350Amount of New Mortgage CASH DOWN27%106,650 6.50%Interest Rate0.54% 240 Month's amortized CAP RATE11% $2,149.86 Monthly Payment Debt Coverage Ratio1.55 $25,798.32 Yearly Mortgage Payments Cash on Cash Return13.2% Yearly Cash Flow$14,120 Yearly Loan Reduction Year 1 $7,354 Total Benefit Year 1 $21,474 TOTAL RETURN20%

@Reggie Maggardshare your report to ask for a reduction.

What frustrates me in past deals they've had is the realtor never seems to fight for them and they buy into the bs their selling - the realtor doesnt care if the price drops another 10k or 20k as in the grand scheme the price reduction has a minimal effect on their commission.Any good realtors, help me help you get this listing so they can fire their present agent.  

It is true that in all scenarios they are still corporation, but from a taxation lens, they are not seen the same.A Canadian Controlled Private Corporation (CCPC) who primarily earns passive income, such as an investment company / holding company,  is in-eleigible for the small business tax rate reduction afforded most CCPCs which earn their income from an "active" business.  

One technique is called "poison pill".