The offer sounds tempting since  the group has to finance about 3M$ (the rest comes from a bank with a low interest) and the building is bought about 1.5M below value, so when we sell we should expect a 50% return when selling which should be 3 years from now.The thing that bugs me is the way the building value was evaluated, i am copying a section from the presentation:"Market activity has shown similar properties consistently trading in the 4.75-5.25% cap range (refer to “Comparables” slide for specifics).

Basically, what makes this home be $100k more than similar comps.

hi everybody as you know i've been a BP member for a while now so that means i have some insight as to what the markets are offering on a daily bases and now i've come to the area of where i need to find where the market is for selling mortgages similar to how you would list your home well i need mortgage listings that are non performing and performing i wonder if the mortgage servicers that are owned by the banks or that operate on the beneficiaries behalf know anything about this?

There's many, many people here who are working toward similar goals and can share their experiences.

I am in a similar situation; so my advice has no proof to back it, or value really...But, is the gain expected (on property flip/rentals) and probability of that gain 'WORTH' it to risk, over paying off debt that will forever follow you?

If anyone has a similar experience or knowledge about this, I would greatly appreciate it. 

I know this topic is about DC, but I have heard similar arguments with concern to areas all over the US.I do not believe that investors are to blame for displacing working families.

@Antoine Martel Yes, Airbnb would be our main focus, along with other similar sites.

I feel you may be in a similar situation.

Or they could rent a similar place for $1,200-$1,500/month and just throw their money away.In lease options, tenants are usually responsible for all Utilities, Repairs, and Maintenance.