We are putting everything we have into trying to get the best financing terms possible.Okay, we already talked about Loan-to-value (LTV), which is a way for lenders to figure out how risky a loan is.

Now it has long-term tenants in all four units that cashflow about $700/month.

We are in the permitting process with Delta Build right now.  

Like a property manager if you will not being moving to the area for a long period. 

I am currently saving up to get into my first seller finance investment property from NJ, how long have you been investing in Birmingham?

The vast amount of damage is normal wear and tear.

Hey Mike, As a local realtor/investor, it's important to remember we are not in a "cash flow" market around here.

You need to consider how long you will be keeping this property.

All houses are rented to long term tenants.

Also know that the housing market might not go up as quickly as you like...but honestly as long as it cash flows when you move out that is okay...I recommend saving up at least 6 months' worth of rents and having it cash flow at least $300 a month before moving out of the property.