:(A few things here prior to making any decisions:* Get an idea of what it's current value is now, both rental and sale value? 

I've also assisted self-managing sales leads when they run into issues, who continue to make the same mistakes, costing themselves tens of thousands of dollars. 

This will pressure up the rents.We saw a similar tight supply in sales as well.

I do have a Commercial Fix and Flip Program that will provide cash for the acquisition and to Rehab the property.Once it's stabilize we can secure Permanent Financing and take out the bridge loan.Multifamily has, by far, the most interest in CRE Financing world, if it's a good enough deal we can get you the financing but I refuse to make bogus promises about what is and is not possible.If you DO NOT have the cash to put down on the property there a few creative financing avenues which may be possible if you have a motivated seller that is willing to work with you on terms.The 68% occupied property would be most fit for creative financing because there is clearly something going on there with the current owner.You can look at a master lease with an option to buy or doing a wrap combined with a seller second... the only thing is that the seller is highly unlikely to accept those scenarios.Now... there is one "highly unlikely to happen" scenario where you could technically get 100% financing but, again, the seller would have to be out of his mind to say yes.It entails a Hard Money FIRST MORTGAGE of less than 50% of the "Quick Sale" value as determine by a BPO... this would serve as your down payment.

You then have to decide if you want to assign your contractor to the new buyer or double close. 

I think this would eliminate the possibility of triggering a “due on sale” issue because the property is already in an LLC and I am only selling interest in the LLC.

Therefore I need to close the deal, then own the business for 90 days to secure long term financing.The home is currently cashflowing ~$10k/mo. 

Anyone had JTFoxx training and successfully closed any deals with his investment strategies?

Your goal should be to break even or come close in the first year, then let inflation work in your favor for rental renewals and building equity.

Thanks, Gary Neely Gary, Just use you standard state contract and write out the terms of your seller financing in an addendum or on the OTP itself if there's lines for additional provisions.Be clear and concise.Example,Seller will carry a promissory note secured by a 1st position mortgage in the amount $97,583.00, at 6% interest, amortized over 30 years, witha a maturity date and balloon payment due 10 years after the closing date.Hope this helps and certainly get an attorney involved if you are not comfortable drafting the language.