2-Find out their business ownership/management experience, nobody wants to set someone else up for failure3-IF they don't "need" the apartment, You should advertise & secure a tenant 4 them, w/1st/Last/& security, so that potential "problem" w/both future lender & appraisal is already dealt with (read=documented INSTANT Cash flow, more appealing to buyer, & Lender), preferably w/a nice LONG lease (say 2yrs w/a 1 year extention option)4-Holding a Seller Second makes this a VERY "do-able" transaction, just need to make sure borrowerA-Has great creditB-Good ReservesC-Proven Track Record in Business (4 self or others)D-Realistic Business PlanE-The Guaranteed ability 2 make the paymentsIf they have their act together, You'll know who they are...Let me know if I can be of further help, I've arranged financing on over 200 commercial transactions, & over 50 mixed use subject properties5-& Very Most Importantly....Don't be afraid to "owner finance"..

It is so tough to cover everything else, that you never think that in an instant, an emergency can wipe you out.

Good old fashioned hard work, some sweating, some scrambling, a lot of praying and a hell of a pay day.

This will give you a little cash up front from the option payment as well as monthly income and a big payday 2-3 years from now.- Flip a single family house with NO MAJOR REPAIRS.

It isn't the biggest payday but you still get to profit from finding the deal.Use a hard money loan to buy and fix and then get a conventional loan when you are done to payback the hard money loan.

These digital reports are sent to you instantly and are secure.

When the buyer converts the option, you should have a nice payday as well.

this info is available on their free online version.right now there is one that is going to forclose on the 17th of next month.i don't know if the people are plannig on coming up with miracle money, but i do know they haven't yet listed it with a realtor.I am a realtor, but not a vulture so i haven't approached them. and as for investing in it myself, i am all tapped out on my current project which was a trustee sale, cleaner upper that will have instant equity of about $200,000.yippee!

Too many people start out thinking they are going to become instant millionaires and we all no this isn't the case!

I also looked at steel framed homes if you want to be a "builder type" These homes once erected on a site provide instant equity.As a rabid fan of HGTV I watched as a couple build a magnificent modular home right from the factory.