They want a property that needs work, but not necessarily one with extensive damages.

They want a property that needs work, but not necessarily one with extensive damages.

Some states allow for anonymity within the Series LLC itself, while other states we utilize the Land Trust for the same function and anonymity.

My principle in this scenario would be $6K.Cumulative cash flow - Total cash flow for this time period (Total Income minus total expenses, including PITI)Debt paydown - Initial debt balance at purchase minus current debt balanceMarket appreciation - an increase in appraised value without extensive rehab. 

I have an offer out on a triplex property I expect to win, and I would like to split out the utilities on this, though this one is a particularly hard case. 

My rough numbers say the cost of permits and routing utilities not be a great investment. 

The property is listed with the utilities Off and will not be turned on for any reason by the Foreclosure company.

Jeff's been featured on Bigger Pockets podcasts (#241) and has invested extensively in the Indianapolis market.   

And I have a HELOC I can utilize to make my first deal.

They are literally desperate and counting on Joe to close (a realtor offered to list it but Joe said he was a cash buyer and no fees and fast closing).  30 days later Joe is asking for an extension and a price drop but there isn't room.