My old boss had it a part of his weekly agenda to take out 2 wholesalers every week.

We are happy to report about the recent cash-out refinance of our 174 Units Apartment Complex in San Antonio, TX. 

But you are also in the business of real estate (apart from, I am assuming being a passive investor). 

Robert,Not yet, but I'll tell you what I just got off the phone with one of my close buddys that practices real estate in Florida and he is open to doing a joint venture on an apartment building in Ohio.

He signed a contract to purchase around 9 acres of land north of Charlotte(from a land owner), and he had submitted all the architectural plans/other paperwork(to build Apartment homes) - and recently got his permission from city town planning.

Hypothetically, if a mix property (commercial main level and two apartments above) only has $80k left on a $350k loan and the property is worth $500kand the taxes are $12k/yrand the rents are $4k/moand the owner is your father in-lawand he wants to sell but worried about the income taxesand he doesn’t want to buy another propertyand the building needs about $50k in updating and roofand you want to help him out by taking it over with seller financingWhat terms would make sense for him without a huge tax consequence and basically still get some of that income from the buyer, us?

Build your line of non-recourse funding to the point where you can use it to buy something substantial like an apartment complex or strip center without the need to get an approval from the bank.

If I were to sell the condo after running comps I’ve seen several condos in the complex that have sold within the last 180 days for $185,000.

heres a thread with some info on RUBSYou can do it yourself or hire a third party for a small feehttps://www.biggerpockets.com/forums/432/topics/94656-rubs-for-apartment-building

When we were in commercial apartments, we learned to manage the managers.