To give a little more perspective:Each unit would rent for:$900 = individual furnaces$975-1025 = keep boiled/heat included I assume most will need more information on the building and its financials to really advise...ANY advice is a huge help.

With such a big purchase I assume that’s the best way to wholesale such a deal when you want to keep a big profit margin from scaring off the B-CI assume that you sign a regular purchase agreement and just make sure to match the terms.

My realtor and I have been putting offers on houses in Bear Creek Village but keep getting outbid by, assumingly, people who want to turn the house into a rental.

I assume this is a flip that you will resell, correct?

I assume this isn't for an investment property?

I'm assuming after seasoning for 6 months or a year, I can apply for traditional financing under my LLC and make the purchase. 1.

Your offer that makes sense to you with that rate can never be the highest, assuming you are doing the same prudent cashflow analysis that your competition is doing to come up with how much you can offer on the property and still turn a profit.

You have a property worth 150k which you bought for 100k (I'm assuming all cash for simplicity).

(We have lease option agreement for 23 years, after I pay off the loan he would transfer me the deed to the property. ) Also, I would assume I would put trustee under my name?

I would assume they want some money out of it.2.