I really hope to see him one day down the road and be nice and polite, but not offer or accept any kind of friendship/partnership/deals.I feel like it's me against him now, and competition is always good!

sure they can, but why if it's cheap money just to pay low APR and use the money elsewhere. you grow faster when you pay a portion over time instead of the whole amount upfront. kind of like leasing a car. a buy is 550, but a lease is 325. you get to use the 225 that you have left over for anything else you want.i am sure i am not explaining it the correct way, but hopefully someone can chime in.

It's not easy at all and the upfront costs can be pretty large depending on what kind of rental you are trying to create.

Brian, you were kind enough to send me alot about the option you mentioned, including the opinion of the attorney who devised it and that is where I based my opinion, from what was said between us and the attorney's remarks, that the due on sale could be avoided.

I always get excited when I see my name mentioned in a post :) Very cool, and glad you are loving BP.What kind of financing are you hoping to find?

Rich Weese builds in Texas, maybe he'll be so kind as to weigh in.. .who knows, maybe he'll buy it!

As far as the actual work involved... you will need to find out what kinds of permits you need, etc.

ARV is right around $145,000 so I was kind of thinking mid grade.

And what kind of freelance do you do?

Should I let the sellers all about this, just so that they know what kind of agent they got.