When you're ready to purchase a seller concession can be a good way to reduce the cash to close and amount of equity you need to borrow against the primary.

Unfortunately I've injected every last dollar that I have on this project so borrowing or putting in my own money is not even close to an option.

Nothing screams success like lower revenue and zero tourists.The Grand Prix brings in millions in revenue.

Most places have HOAs out here, but again the neighborhoods with lower HOAs arent good areas. 

==========================SAMPLE EXCERPT ONLY===================== This Agreement entered into on the_______day of ___________ , 20_______ by and between, _____________________ and or their assignee(s), herein after referred to as the "Buyer(s)", and _____________________, Herein after referred to as the "Seller(s) ".Seller agrees to sell and buyer agrees to buy the following described real property together with all improvements and fixtures and the personal property described below:Property Address______________________________________________________________________________________Legal description: ____________________________________________________________________________________________________________________________________________________________________________________________________________ County _____________________________________________________________.Personal property included: ____________________________________________________________________Earnest Money Deposit $______________________Cash To Seller At Closing $______________________Existing Loans & Liens $______________________New Loan To Seller At Closing $______________________Purchase Price $______________________The purchase price to be paid as follows: 1.

Purchase price: $177,000 Cash invested: $50,000 - Single-family home in a Residential area near the University of Rochester- Purchased flipped home without inspection, many costly hidden issues revealed after closing - Currently rented for $2,200.

Rentals can be difficult now in Tampa with the rise in home values and the increase in interest rates (close to 8% now if not already).

I'll probably update when it closes but I am curious of others' experiences in the meantime.

Check in with @Joseph Chiofalo they have NJ second lien loan programs that can go up to 95%LTV but lower on 2+ units.

Any other options to get this deal closed?