I personally think they are awesome looking and worth dealing with a little water.

.- What I bring to the table: I am plain spoken, have realistic expectations, will not drag you from property to property or ask you to make ridiculous offers and will NOT waste your time.  

Please let me know what questions you have and any more info you need.Here are the inputs:Purchase Price:  $171,000Interest Rate:  5.125%Down Payment:  15%Total Amount Brought to Closing (down payment and closing costs):  $22,875Gross Rental Income When Bought:  $1,050Gross Rental Income 1 Year Later:  $2,450Monthly Water Bill I Pay:  $83Property Management Fee:  Assuming 10%, but I manage this property for now, so for now it is 0%.  

The hint from the seller's agent is that they're close to their bottom limit because they have a mortgage and don't have money to bring to the table.

However, if the roof is bare in spots, water damage shows, flooring is missing or is a hazard, etc. etc.,  then you're best off with private/hard money.

For the record, there was never a real rule for SF that 12 months seasoning is required or will get you a better or worse price than that of selling at the funding table or shortly thereafter.From a SF perspective, any credit risk created in the loan 12 months ago will still be present 12, 24 and 36 months from now.  

Where me and a partner bring some cash to the table and the other person brings the rest.

Owner is selling his motorcycle to pay the mortgage due to wifes medical bills. He is married, employed, and has a couple of children. Before I contact the owner, I would like some feedback from the BP community on ho...

The roof, boiler and water heaters are all new.

It already has plumbing for a sink and water hooked up.