Personally I think you should get a bigger discount for paying cash...That's just me though.

Double close the short sale to your end buyer or close and sell the business entity to your end buyer.Just to be clear....your must get an approval from the sellers lender for anything relating to your transaction that is different than what you presented to lender for consideration of the short sale discount.

A DIY here probably leads to defects which leads to discounts which means you are holding this loan longer than what you seemingly desire currently.

I'm not sure I ran the figures right to buy this place even though we bought it at a discount.

And since we care much less about the top line, and much more about what's left of it after expenses, we should likely base out valuation decision on that NOI figure - 2% rule does not do that, which makes it criminally incomprehensible as an analysis tool, let alone a "rule".In order to use the NOI as the baseline income we cross over to the capitalization method of valuing property, whereby the NOI is capitalized via a multiplier know as the capitalization rate to arrive at a valuation.Finally, to Bob's comment, since cash flows are not static and must be discounted for time, inflation, and opportunity cost, a complete analysis would underwrite to the IRR (internal rate of return), which would take into account all of the movement of cash, including the exit which captures the appreciation and rent growth, if there are any.

They will buy a fixer at a slight discount that is not enough of a spread for a flipper to consistently make money. 616 Q street in Lincoln is interesting.

Flipping is about finding properties at steep discounts, being able to estimate the amount of work needed on a project and properly estimating the amount a home will sell for after you fix it up.Wholesaling as its commonly defined is selling properties you do not own to buyers and earning money off of the difference between What you sold it for and what you told the seller you would buy it for.

The building was mismanaged by a local (crooked) property management company that loaded the building with a group of low life friends at discounted rates telling the out of state owner that it was the best he could do.

In the Milwaukee, WI market there is an 7%-10% discount from list price to sold price (all things being equal) for properties that were sold within 90 days.

I could walk away and sue for damages (a few thousand dollars) or negotiate with the threat to hold up any other sale.If I had huge damages such as had sold a property to purchase, etc. the attorney believed that I would get the lesser of the damages or the value of the non-disclosure ($60K).I ended up getting a $9K discount on the property ($750K to $741).