Short answer is as little as possible.The long answer is it depends on the deal.Typically you end up in a subject 2 situation when the current owner has little or no equity in the property, the current advantage of subject 2 properties is that most mortgages are below current market rates.Keep in mind when acquiring a property subject 2, in most instances you are not notifying the current lender of the change in ownership, and most if not all mortgages have a due on sale clause, which is the lender's decision if they want to enforce it or not.I personally like the idea its a great way to get investment properties with low rate loans, that with most likely appreciate in the coming years.

And my lender doesn’t charge extra fees or costs just to put down 20%.

Anyone want to meet up for a coffee and tell me how I can improve my IRR model?

If you are interested here is an awesome meetup coming up this Saturday: https://www.biggerpockets.com/forums/521/topics/1209859-lear...If you want to brainstorm the next steps or strategy, I'd be happy to hop on a call or Zoom!

(Has your realtor been taking back up offers or is there zero interest?)

After all documents were signed the seller told me to not flush toilet paper down the toilet bc it backs up and she doesn’t want what happened to her to happen to me.

Our landfills would fill up one day and we would have no where to live. 

., Canada, and Latin America, 38% expect to expand office space over the next three years, up from 20% last year.

When I'm practicing underwriting, I'm finding a property that looks interesting, trying to find out median rates in the area and do some math to get to the NOI then divide by 6% and come up with some sort of value.

Typically the property needs to produce 25% more cash flow than the expenses and the loan goes up to 75% of the value.