Make some sort of DP. 1,000 bucks.... whatever you can to show you are serious and to ensure it’s locked up.

The property was structurally over-engineered to withstand category 5 hurricane winds, has a great floor plan, and the property has 4 mature cypress trees on 3/4 of an acre surrounded by a 6 ft. chain-link fence.

We use to charge a daily rate but we decided after looking at the rental cost in the area we were way to cheap so we raised it to $250 buck no matter how many nights you rent our place.

Go to a state like Indiana that’s landlord friendly and you can make a bigger bang for your buck. 

They are buying a discount to sell it for a few bucks.

@Myron McBride Two of the common areas of concern for HELOCs I see out there is the 10 year maturity date and the adjustable rate.

I get to earn a few extra bucks and I get paid to workout.

Assuming he won't carry a note and I will have to find financing, I'm looking to find Ideas on how to get the best bang for my buck by avoiding unnecessary fees and high interest.

That said, here are some typical structures:- "Yield Maintenance" - when you prepay, the lender calculates the net present value of the interest they would have received of you held the loan to maturity, maintaining their yield/profit from the loan.- "Declining" - the lender agrees to a simple schedule of prepayment penalties, often stated year by year.

The reason that the current owner is selling it at such a low price is it's going to be a major pain handling the eviction process & turning the unit over after you finally get this dude out of there.This right here is how we make the big bucks in this business.