How hard would it still be to get a loan from a bank for a multi unit property if the owner would carry a second mortgage for 40% of the purchase price.ie.

Great stuff on negotiating and seller carry deals.

I do not carry any type of debt on this property.

This will continue to be a great CRE's buyers market well into 2010 for sub2, land contract, or seller carry Wrap.You can make cash on selling on lease option.

That is, if your purchase plus rehab is 70% of ARV, and your HML will go 70%, you're going to need money for the purchase costs, points, interest payments, and carrying costs, and you're going to have to front the rehab costs and then get reimbursed.

Whether it is strong trade lines, credit cards, home equity lines, a rehab lender, or seller financing, there has to be a plan to carry through to the finish, before you tackle the deal.One alternative is landlords.

Like i said, if i get it, if i carry the note its gonna be tight.

The buyer carries the insurance (1st yr paid in full up front).

I can carry the loss forward 20 years.

Any sort of active business carried on in the IRA, such as wholesaling or flipping, it subject to UBIT.