I've acted as GC on my own deals and own properties but after having a number of home owners and investors reach out to me to do work for them I decided I need to move forward with my gc.

Ashley - I don't know if this is a good deal or not - but I did respond to that listing - it looks bad and empty - There could be lots of equity or lots of stress - I like in and out in a short period of time.In my opinion every property offer is a "deal" - Every property offered is or could be a good deal -The only thing that make a property a bad deal is PRICEEvery property will sell if the price is rightTime on the market and price (reduction) are close cousins -Price softens as time moves on and motivation and reality is realizedEverything will sell at a price -The first thing I'd want to do is get the history of the property - how long on the market, why is it vacant - what's the reason for selling -What is the current mortgage balance - is it current or in the arrears - What other liens or obligations are on the propertyHow many owners - decision makersWhat is the commission - will agent splitAre there open to a reasonable and creative offerDo they want any profit or to just get it out of their nameCan down payment be paid over timeHow much paper with they accept - delayed payments - principal mortgageAshley - since you exposed this property to all of us - You should see if you can get the answers to those questions above - and play the game - WHAT WOULD I OFFER?

See if the owner will carry the difference for 12 months while you get your new job under your belt and you can refinance the seller carry and pay them the balance then.  

Do they get "home owners" or "renters coverage" and is my llc listed as "mortgagee' , "certificate holder' , "additional insured'. insurance agents feedback would be appreciated Thank you.!

I absolutely do not recommend saying you are going to owner occupy (to get good loan rates) and then not do it.  

It has been listed for a couple of months now and not selling and here is what I know:It was purchased in 4 or 5 months ago as a short sale for 150kThe owner put mayyybe 15K into fixing a few things like electric, the porch, etc.

Hi,Is the above information findable online? If so please post a link.The property I'm looking at is in Hidalgo County, TX.Thanks

What are the rules regarding how quickly I would have to occupy an owner occupancy multi family home The triplex that I am looking at is fully occupied until end of January 2017

On the other hand, property owners benefit greatly by keeping sales data out of the hands of the taxation powers.  

In addition, I would update the listing to mention that you're open to owner finance at a very reasonable terms such as 6-7% interest rate with 20% down payment, no credit no problem and hope that would spurn more interest.