Im willing to bet you have a pretty good interest rate on that loan too. 

Those both are 3% with no PMI and won't have the same odd appraisal issues that FHA has.

Based on the numbers you presented, this is not going to be a cash-flowing property and is solely a bet on appreciation.

Perhaps the Cap rate is higher in your area.With regards to financing, I wouldn't bet on seller financing.

Your best bet is marketing.

Getting into that first property owner occupied as soon as possible is your best bet, whatever gets you there is probably the smartest route.

Your best bet is building rapport with investors.

In fact the 92024 zip code boasts of some of the most expensive properties in all of San Diego County.We are installing a 1x1 foot footing with an 18 inch rebar reinforced and concrete cell filled block and mortar stem wall  around the entire perimeter of the footprint in order to support the new interior drywall, exterior Hardy Board Cemetitous siding and a 12/12 pitched metal roof.I'd say that's a pretty safe bet considering we're going to have to spend close to 75k (our cost as contractors) to strip it down to the bones and rebuild it from the mainframe up to and including the roof.

I would bet that there have been many real estate agents sending them letters telling them they have buyers ready to buy their house.I would recommend being open and sincere.

Hello Eric,A portfolio lender is your best bet for long term financing, and hard money for rehab lending.