So, in flat to falling housing prices, the final purchase price can often be higher than just going out and buying a house on the market.

I am trying to get some expert opinion on a daycare site in massachusetts 40 miles from boston in a good demographic location. The site has an operating franchisee daycare with 8+ yrs left on lease and as per the brok...

Is this sufficient time remaining to do a wholesale?

Then if you have any remaining entitlement eligibility, you could use that to buy your next place that you would live in.

If not, can you get a secured/backed loan using a previous rental property to make up the remaining 50k?

Then if you have any remaining entitlement eligibility, you could use that to buy your next place that you would live in.

I thought turn key meant "one and done" you pay, the property is yours (you did your due diligence and made sure the cash flow was not inflated, also have all your i's dotted and your t's crossed with eviction insurance and all that) and they manage the property for you.Is that not correct, I mean I know there "BAD" turnkey real estate companies who take advantage of people but I would think that a simple google search would give you want you need to know (I really like Morris Investing, I researched the day lights out of them (that is how I found out the 100% cash buy in) the worse I have found is that they take a while to call you back and when they do call you need to be ready because if your not they go to the next on the list and it can take them a while to get back to you with the next deal.

I'm told at the end of the five years, the rate changes and is then fixed for the remaining 5 years...

A couple of caveats; 1) As this is an older property, it would not surprise me if the expense ratio was higher 2) Carrying cost are not included 3) Unless you have done this a few times before, renovation costs tend to inflate 4) Your time / effort is also not included.

This is how they inflate the price.