Performing comprehensive financial evaluations and due diligence on every property is necessary to precisely ascertain its potential for cash flow.

This essentially gives me an offer price that will allow me to receive at minimum, all of my money back after refinancing, excluding closing and holding costs.

Does that make sense   You saying my offer to him could be over 166k?

Best plan is to offer the existing seller/lender 7% rate for one year to give you the wiggle room time needed to get this done.

While I can't provide specific advice on Michigan leases, I can offer insights on lease options.

If anyone knows an agent that offers a good policy for a property being rented to a group home in Arizona, please let me know.

One thing I wish I had asked before I submitted offers on out of state properties was have an experienced investor or unbiased party (not anyone on the agent's team) do a very detailed video tour of the property and pay them for their time.

Marcus,If you are a Military member you should use a VA construction loan which offers 100% financing as well as a VA renovation loan which also offers 100% financing.

I expect to offer to keep the rental rate the same based on the market, but know when I was a renter there was always an option to go month-to-month for a higher price. 

So let's say that you've got a house for sale and you accept a buyer's offer contingent upon the sale of a property they own.Then you get a cash offer from another party wherein their Realtor tells you that in your state, if you, the seller, gets a cash offer, then Buyer 1 has 72 hours to come up with their money or lose their contingent offer.Not getting anywhere looking this up, so BP is the go-to info machine.Something sounds off about this.....?