Hello, I'm about a month out from closing on a triplex with tenants. 2 of the tenants leases are expiring end of February and the third is on a sec 8 til Sept. 

Cripple walls tend to act as a hinge and when they "close" whatever is on top (the whole structure) comes crashing in on itself.

As you start closing deals, you will need to reinvest your profits into mailing lists and other scalable activities to grow your business.

The next question is permissible and non permissible closing expenses. 

The "sweat equity" will come from me finding fix and flip deals and working with a team I've assembled (agents, attorney, contractors, insurance agents, etc.) to closing deals.

If I can get all my capital back (or real close) I'm content with operating at break even.

When I revisited 6 months later, I was able to knock off $35,000 from the price + they paid for closing costs.

setting this as a goal will give you lots of specific action items to do:-save up for down payment, closing costs, and reserves-talk to agents-talk to lenders-look at propertieshttps://www.biggerpockets.com/real-estate-investing/house-ha...

I was just wondering if there are any issues that wouldn't allow me to make this deal because it is close to foreclosure.

@Olivia Cannizzobuying a primary residence is a very personal decision, and I normally try not to advise on itbut - buying is expensive, in that you can pay significant closing costs on top of the down paymentso... to buy something to live in for 9 months, and then be negative if it's a rental... and now your 20% is stuck in it and not available for when you movedoesn't make a lot of sense to me unless i am missing something.if you move, you could house hack in the new place with a much lower down payment loan... and that frees up a ton of cash for other things.