@Alex LandauYou are looking at Morris Invest and then comparing what they sell to the Milwaukee market.

The offer sounds tempting since  the group has to finance about 3M$ (the rest comes from a bank with a low interest) and the building is bought about 1.5M below value, so when we sell we should expect a 50% return when selling which should be 3 years from now.The thing that bugs me is the way the building value was evaluated, i am copying a section from the presentation:"Market activity has shown similar properties consistently trading in the 4.75-5.25% cap range (refer to “Comparables” slide for specifics).

Maybe, but this argument is short sighted and doesn’t take into account risk.Despite what most people on here say, REI is one of the more risky investment vehicles as compared to say stocks or bonds (don’t hate me, I love REI too, I just do both).

This seems like actually a decent # but is it compared to what others are seeing?  

Also depending on your market some listings will say owner financing available in the description, but generally the terms and interest rate will not be as good as if you went with a traditional lender.

However, you should get some quotes and compare the coverage.

A C-corp traditionally has been a poor vehicle for rental real estate but now with a lower 21% tax rate, is becoming a better alternative, especially compared to an LLC which can be taxed as high as a 37% individual rate since LLCs are pass-through entities. 

If a comparable house at a comparable price took 90 days to sell, that's probably what you can expect of yours.

Here are a couple properties that have previously sold down there, you may know whether the one you are looking at is comparable or not: https://www.redfin.com/MN/Northfield/710-1st-St-W-... https://www.redfin.com/MN/Northfield/401-Plum-St-S...

It took me 7 years until I was able to get traditional financing and I had to rent my personal home for my kids during that time.