The seller and I are friends now and do business together even though a realtor was selling the property.

The seller and I are friends now and do business together even though a realtor was selling the property. 2.6 million this property will be worth verified with appraisals.

I have a friend who have multiple rental properties and he's selling me this one to help me get started.

QUOTE:  "Some websites sell certificates, registrations, and licensing documents for assistance animals to anyone who answers certain questions or participates in a short interview and pays a fee.

If you sell out now, you will mostly get penny on the dollar for what it could become because anyone who's taking on the risk to develop this piece of real estate will want to get it in a deal. 

Live in a multifamily and fix it up while living there then just hold on to it and not sell...move on and rinse/repeat.

We start with the ARV and back into the target price we're willing to pay by subtracting out the rehab budget, contingency reserve, profit margin, buy and sell side closing costs, and holding costs for the time value of money.

Also, since we lived in it as our personal residence, we only have about 1 more year that we could sell it and take the exemption to not have to pay capital gains. 

I told them that we can also look to selling this and moving to another house if all they are looking for is equity and they are open to doing that. 

He sells the property for 150k.