nopedouble close, meaning you actually purchase with money from the seller called the A-B transaction (don't worry if you don't have any money, I have a feeling someone will be here shortly to offer you a solution to that) then you immediately resell it to an end buyer that you have already lined up called the B-C transaction.

Eddie,If you choose to offer a free month, do as Rich Weese advises and make it the LAST or twelfth month.

Thus I am at around 30k to offer for the note.

I'll look at a property and talk to him about what to offer.

On the forum analyzing investor deals could Jim and others go to this forum and let me know what you think of this dealI'm looking to offer $3,500,000 assume payment and offer the mortgage holder 300,000.

I need input on what to offer!!

You could find a local mentor or learn what you can from books, audio, video, this site and others like it and get going on your own.You can also see what a local REI club has to offer.

If you have any to offer, by all means I would love to hear what you have to say.

When I decide what to offer, I use the rents and the 50% rule and work backwards to a price like Jon has shown you.

I mainly deal with SFR but I've got an opportunity to go after a 52 unit motel located 8 miles from a fair sized city right off a very busy freeway.I'm curious if anybody might have some advice to offer regarding rules of thumb when it comes to operating expenses vs operating income, per unit cost etc...The advertised vacancy is 60%...which might not exactly be accurate...we are currently researching.The weekly rate is $150.