I'm in a situation where i'm newly self employed (1.5 years) so dont have enough tax records to qualify for FHA lending. 

I asked him if they’ve heard about seller finance, they were able to understand the concept so they want 20% down and they’d be willing to set up payments, this would be my first time doing this so I’m just looking for advice for anyone who has done seller-Finance in the past maybe some pointers towards how to set up the note etc. thanks for advice 

So how do the banks estimate OpEx? 

Just pinging this conversation so maybe someone will chime in.

Has anyone run into this issue with not finding any comps and if so what did you do to find the right price and get it rented? 

So I can use the money for a rehab if necessary. 

Please DM me if so.

Deal structure is very important so that you have enough equity protection to secure your principal loan amount.

So I wonder if we're in for drastically increased insurance expenses ahead.i havent used the BP calculator but the Return on Total Equity will be north of 10% for the first 7 years. 

I have seen it from the street and it "could be" 2/1 1606 but won't know for sure until I can get in which won't be until next week.Question is, wondering if it's possible the owner added on but did not get a permit so it's not on public record.