Made an offer on a home today...2 story up/down duplex (2/1 & 1/1), 1670 SF, 1929Bottom rents for $550, has a tenant who’s been there for 25 years (without a written lease), upstairs is not rented and needs cosmetic work.

However, we were informed today that our closing has to be pushed off to a far-off future date (rate will no longer be locked and basically will have to do the financing process again) due to an issue we haven't run into before, but seems simply not legal to us, so we hope we can get some assistance.We only know as much as we have been told, so here we go... the home we are under contract for was sold to the current owners via an owner carry, so the note is held by a private individual (the owner before the current owners).

then you simply dial in what you want to make % return wise and it will spit out what you should pay for the note in todays dollars.. 

Also within that structure, what are some key transaction types you'd want to account for, within the day-to-day operations, in order to achieve high effectiveness in deferring high tax rates within your entity structure?

What do you do if the tenant says Monday is unacceptable because he's hot today! 

I spoke with them today to see what would be the price they are looking to sell all 4 properties for in a package and they couldn't give me a price.

Great neighborhood, recently rehabbed, happy with the numbers on paper....but, the inspection came back today with a little surprise.There's standing water in the crawlspace.

But in case you don't feel like doing the search and educating yourself, here are the stats in a nut shell:1) Mountain View Ca - Two 4plex buildings next to each other.

I got an opportunity to work as a custodian part time at non profit close to home then began to work my way up to full time employment with the ultimate goal of getting my hands on a stable income and benefits plan for myself and began working on my road to returning to education and financial freedom.

Since it is such a high stakes issue you want to get educated on it ASAP.