This would be manageable and I could pay it off early after I refinanced the property after repairs for a 30-year term.Then again, long-term financing of a short-term loan sounds dangerous and almost as bad as financing a 'down payment'.Please share any thoughts you might have.

Having enough forthe down payment and perhaps repairs that gets you into a residential unit simply is not enough to carry most commercial deals,To say commercial takes in alot of territory.

You are still putting up earnest money or "hand money" - if you are unable to unload the property, and you don't have any other out-clause in the contract, you are in danger of losing the earnest money.

That's the danger of leverage.

I live in ugly house territory pretty much everywhere I look.

If you were repairing anything you needed us, or someone like us.At every sales meeting there would be a newbie justifying his new sales technique and while he may be starving to death now, he had good stuff cooking and we just didn't understand his market/customers/techniques etc.At one particular meeting one guy stood up and pretty much told him where to head in and offered a $100K bet to the newbie and his district manager that if he (the old guy) moved to the newbies territory he would be in the top 20 salesmen within a year.

A contract that has never been to court, is dangerous if unproven in your area.

@Dashon Jones I don't know how this is "creative finance"; it looks like an ad for getting credit lines on credit cards.Looks like the terms "seller carry, lease w option, seller financing, subject to existing financing, and master lease options" escapes your knowledge base.Putting yourself at risk like you are talking about is in my opinion dangerous, just sayin' Don't mind me, I just have 30 yrs experience in Rei.

Most people naturally want to flow with the information they want to hear, that is naïve and dangerous in finance and real estate.

Discount those figures using a a fair rate for your asset type/quality/market to find the present value.To estimate you cash flows just break it down to the basics and take your market rents, less operating expenses (All of them...) and you've got a number close enough to be dangerous.