If not, with conservative assumptions about rent increases I only make back the original investment over a 10-20 year period by adding a basement unit. 

I just put a 4-plex under contract And I’m in the due diligence period.

@Elijah Williamson leaseholds are less expensive as you lease the right to use a property for a period of time. 

I had always been accustomed to getting my initial capital back but then again we were always in the mode of selling after a period of time to another investor where there was still UPB. 

Having an inspection scheduled during attorney review is helpful as well as it allows us to shorten the inspection period.

Cash flow...period.

Knowing the answers to these questions before hand will be one less thing to worry about during the option period and will also give the seller confidence in your ability to close making your offer more desirable than some others2) Know exactly what you're looking for. 

Purchase Price: 109kRehab/Cash Invested: 36k/60kSold Price: 237kNet Profit: 61kROI: 28%Hold Period: 11/16/20-03/17/21– 4 months

If we would have caught this during the inspection period it could have been negotiated or we could have let the deal go.

Hello all,I am seeking advice and how to go about obtaining / which loans  for an earlier balloon period or taking over 2 condos I have here in Champaign IL on contract.