I was judt present a deal for 3 commercial lots with a combined tax value of $268, 000 in north carolina and the seller only wants $100, 000.

I use a combination of whitepages.com (reverse address lookup) and zabasearch.com.

And combined with input here and lots of practice you will succeed.Best of success to you!

I am going to focus on being a great listing agent and making sure I know possible conflicts when combining my RE Investing with my RE career.

Terms of sale, 100% of combined debt secured by the house.

One quick easy way is find out what your commercial loan LTV will be (say 75%) then find out what its CLTV (combined LTV) will be allowed by the lender (say 90%) and then ask the seller to carry back the 15% as a second.

All of these factors weigh in on determining what you have there.The other thing I would investigate doing is to see if you can take the separate parcels and combine them into one complete complex.

It looks like a bad combination of a shady selling agent and a crazy owner who cares more about perceptions with neighbors than getting out of their mortgage.

For both properties combined, the cash flow is about $112 before maintenance.

Feel free to reach out to me if you are interested in comparing notes or combining efforts.Thanks,Glenn