If you are paying all cash pay 70% of the value minus repairs.

Then prompt it after you load in loan amount and interest for the schedule.

He makes 10 grand in repairs in a month.

If you know anyone locally who does credit repair, they can do what's called a "rapid rescore" with the credit bureaus.

Right now, I focus on wholesaling, credit repair and lease/options.

Renting this thing is going to cost money, vacancy, advertising, maintenance, repairs, paperwork, perhaps property management.

I just went through signing 20 pages of text that said "PROPERTY SOLD AS IS" and "NO RECOURSE" over and over and over....Don't expect the bank to pay for any types of repairs, upgrades, etc.So, make sure you get a good home inspector!

These are usually limited to 65-70% of the ARV (after repaired value.)

Follow up with guidance emails on credit repair and debt management and add in affiliate links to monetize off the list.

He wants to pay our entire mortgage on that house with the following provisions: He takes full responsibility for any unkeep or repairs allieviating the landlord duties for us, then when he is finally ready to buy he wants to pay the amount that is left on the loan so he actually acquires the equity.