I want to buy him out at a premium of 1.4mm by seller financing.

You would be buying the home knowing that you must take responsibility for that cost.

You can buy a vacation home with 10% down.

Hey BP community! My name is Nick Crider. Short pertinent bio: I am one of those guys who can do just about anything I put my hand to. However the other side of that coin is often the curse of underperformance as I ha...

My advise would be to be pick a market and then start to go deeper into learning about what the best asset type to buy in that market would be. 

Best to have a  strategy of exit to LTR , so the property you buy should be reasonably worth for both

A lot of opportunities to buy aged C-class homes at 8, 9, 10 caps.Small investor expense ratios are 40%.Large operator expense ratios are 37/38 %.Large platforms/institution expense ratios are 33/34%Big benefit of blanket insurance policies is to drive costs down.A lot of BFR is looking for a bridge product for 2 years to hope rates get back down in the 5% range.Cannot use HPA on BFR communities you plan on selling based on cash flow.5-18% rental premium being achieved based on new construction communities compared to new construction scatter sites.For real time comps go to biggest operators BFR, small multifamily.More confidence about the cost of construction having stabilized.Some products which will not be good for retail buyers will also not be good for rentals.

Hi, my wife and I are looking to buy our first property in the next 3-4 months.

Investment Info:Single-family residence buy & hold investment.

You would literally be better off selling and buying the neighbor’s condo to rent out.