Purchase price: $177,000 Cash invested: $20,000 Sale price: $325,000 My first real investment.

Maybe I can get a carve-out that lets me repay assets individually upon sale. 

@Evelyn Tilman are you talking about a JV with the seller...your (or private) capital pays for and completes the reno, you list as the agent, and split final proceeds from the sale?

The Garn St Germain Act will protect you against a due on sale clause.Then later do an assignment to your LLC.

If there's no sale listed, that means that they bought before the mid 80's and you'll probably not find any sale on the computer in the court house.

It has a shady sale history; there are taxes and utility bills due on the property.I would pass, imho.

If you have any leads on properties for sale or are looking for another investor to partner with, please send me a message.

BP has leases for sale, and I believe they have different ones for each state, but I would still pay a couple hundred to run it by an attorney.

The additional cost above laminate will not likely be captured in your sale price however you need to know your local market as others have suggested..

One of which is a 5 unit apartment building that I'm interested in.Buying any decently priced real estate in my area is a rare occurance to begin with, and finding even a duplex for sale is a once every 5 years thing.