Hello fellow investors I’m not sure if this is the right idea or not. so I’m hoping I can borrow from your experience/knowledge.

I hope you all engage and share your problems on this thread.

In the 10 year process new construction exit prices were 350K- 420K during 2016-2017, by 2019, 499K-520k were starting to move. 5 years later ( accounting for COVID and mortgage rate changes) prices are up around 650-800K in the same area. 

Redfin and zillow should give this data freely..correct?

I'm genuinely looking forward joining this investment community.

This is my first investment property.

I was told I would pay a premium for this type of lawyer but that they would get the problem taken care of quickly and that sometimes it’s just worth it to pay more for this.

Hey @Glenn Larson  You’re right, seller financing really depends on the seller’s flexibility and the specifics of the deal, but I can give you a couple of typical structures to think about:Interest-only payments: In this setup, you pay the seller interest on the loan without paying down the principal right away, giving you time to stabilize the property or improve cash flow before paying it off or refinancing.Balloon payment: You might negotiate a lower monthly payment (possibly interest-only) with a balloon payment due after 5-10 years.

Sold 4 small properties to 1031 into this large triplex.

One of the few multi family properties in this SF neighborhood that had gone up for sale in the last 3 years. 3 story on a large lot, 1952 build with great bones.