Reach out to @Joseph Chiofalo for help with structuring and simultaneous closings.

Hi everyone,I am currently planned to close on a rental property in southern Indiana and will inherit a long term tenant.

Or you sell the first one to someone with leeway on closing date. 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Oklahoma City agent and property manager here.

You sell for $95k, pay realtors, fees, closing costs, etc etc, you might walk with $85-$90k?

I’m buying a piece of land that has had a house on it before (it burned down) and currently has an old mobile home, on the other side of the property, that I’ll have to removeFor those who’ve purchased land, what would you do before close?

Have close friends to buy vacation rentals in Valencia.They pay cash and don't care about it as a business- more so a place for them to visit when they want.

I don't think you can go wrong if you have the liquidity and the market is strong. don't forget that hotels are built in the middle of nowhere brand new and do fine. if you want me to look more closely at it send me a DM, this is ours right here that we proposed so you can see the style but it's 81 residential units, 45000 sq ft, 6000 sq ft of retail, no parking. on your assumptions, your occupancy rate looks high. pull some hospitality reports in the market and see what it is. your exit cap looks about right for what I've seen in hospitality.

I have a law and title office and we close dozens of wraps each month.We can help you from start to finish.