Did the seller carry the note?

However, If it does take long like in the example you gave they may not want to pay a fee after carrying the cost of rent for all of that time.Thank you for the information and I will definitely provide an update when we reach a resolution!

That is with 20% down, and an owner can carry a second as long as the DSCR remains at 1.1 or better.

But the “smart” or self-showing lockboxes carry 21st Century risks along with their 21st Century options.

If she financed the sale, she'd get a big chunk of change upfront and probably make more on the note each month than the rent she currently collects on the other tenant.Do these ideas carry any water?

When attorneys get involved Tenants will often concede as the Tenant loses the ability to make vague legal threats that you or I might feel carries weight as we don't know the laws, as well as an attorney but your counsel, shouldn't bat an eye at anything the Tenant threatens.

The longer it takes you to flip the property, the more money you will spend on carrying costs which includes property taxes, financing, and utilities.

If what I was going to say has already been said, I'll just vote for that one and carry on.Bugs me seriously when the 'I didn't take the time to read all you peeons opinions' people grace us with their presence. 

The truth of the matter is there’s a ton of uncompensated work that goes in to a syndication and you should be paid.Think about the following:-The amount of time and energy it took to analyze enough deals to finally find a true opportunity -You are qualifying for the loan, providing the risk capital, Liquidity, and a track record-You’ve built essential relationships with Comercial Brokers and property management companies -You’ve negotiated the opportunity at a price that works -You’ve performed the paper and physical due diligence-You’ve built relationships that took time to establish in regards to their other equity partners-The General partners are going to create value and increase the NOI and ultimately the value of the property-You provide a phenomenal alternative investment that has a very unique tax benefits&-You carry all the weight and fiduciary responsibilities I hope this helps you make a strong case and your limited partners walk away with a sense of appreciation verses turned off.Dino

Bought in 2011 for $1.1mil with $200K down owner carry at 5.85%.CAP rate of 6 values it at $1.7mil.