So I request marketing packages for $5M deals, run the numbers for them, do my analysis.

Just some food for thought.

No high paying jobs, just fast food or the school system.

It sounds like this a local bank, if it were a big bank they would have spent money removing the tenants and broken up the package and sold them all vacant and individually.

I hope the forums provide you with helpful information and food for thought.

We visited houses, drove neighborhoods, had great food, it was awesome.

Sell it to the restaurant operator, or find a buyer occupant, many mom and pop café owners like to live on the property it usually lowers insurance too.Your package deal should net you that property at a point to allow a good profit. :)

We are starting to do buy and holds within our SDIRAs.We have found due to the nature of the properties which our town has an abundance of - older, inexpensive, converted large homes - that traditional 'non-recourse loans' are net to impossible to get.I am putting together an list of potential lenders and a 'package' to show them as to our plan, and will soon (late this year?)

I have someone who will commit to providing the financing so long as I can prove the opportunity.As it currently stands, the main goal of this purchase is to rehab the properties in the package and sell them at market value to retail buyers.

I just bought the silver package for WA state for $270 after negotiating with them.