The amount of loss on a state return is more often than not different from that on the Federal return.

If the property can be sold with conventional financing I am on the other side of things (and the minority) they seller financing is a bad idea due to the risk and the returns especially when considering tax ramifications The idea behind it would be that I sell using seller financing to continue to cash flow each month at a high effective rate with the amortization schedule and put a balloon after 7 years so that I can collect the full amount once the effective rate in the amortization schedule starts to balance out and not be so lucrative in my favor.I’d love to hear more of your opinion on that idea! 

It is now mid July and he still has a fair amount of work to do.

So, even if it wasn't this simple to establish the amount there would be an amount owed.

Is there any potential for doing a cash-out refinance on the duplex and using those funds for the purpose of buying the property you want? 

They could also use the bathtub to dissolve the body of their grandmother while they continue cashing her social security checks.

.: Generally, you put down the minimum amount needed to make the investment work for your goals and to ensure you are not at risk of over-leveraging.

My best advice would be to calculate how much you would need to spend on food and determine how that number relates to the amount of rent you are paying.

Purchase price: $19,000 Cash invested: $29,000 This was a lower income class C- sfh buy and hold for 3.5 years.

This offer would also give us enough capital to finish the rehab through a construction loan and draws.However, we are also not opposed to having another team come in and complete the job if we were to find the additional 500k.Just looking for guidance or anyone who has had experience with this or hard money companies that can offer the full amount to refinance this current loan.It's a great property with a lot of upside but unfortunately was put in a difficult situation.