People, Bill has already had a post removed that had very dangerous suggestions, just because someone has ideas and makes it sound like the best thing since sliced bread doesn't mean it safe, ethical, prudent or legal.Bill, welcome to BP, but you might do some lurking and reading to get the flavor of this site.

Your numbers look like they should easily support those but it is important to make sure your factoring them in.Good luck on your first deal!

_______________________There are No Rules as to how you can or cannot structure your creative financing deals, other than what is legal, moral, ethical and using the guidelines found here Creative real estate financing is not business as usual.

Quick question, as a landlord renting an apartment to an unmarried couple (man/woman), am I legally responsible to notify any authority (police/social services, etc..) if my female tenant informs me that she is lea...

Through in a niche that has limited data to support the success, and you're making your hill to climb a lot steeper.

The fact something is zoned R2 doesn't matter if the lot isn't big enough to support 2 units, parking, set backs, etc.

Sounds like an ethical issue to me.

So low very low cash in.7)If the customers’ credit does not support 100% financing from the independent banks we use, they can park a small additional deposit and get it back at refinance, OR let it sit in the project and earn 8% to 18% on the money they decide to leave in.We have completed over $300 million of projects in the city of Philadelphia in these 7.5 years, and are the largest investor project management company overseeing this level of development for our 150 repeat customer client base.The actual $300,000,000 of deal documents speak for themselves.$5,000 is sitting here on my desk waiting for whoever can come in and prove these FACTS wrong.For clients the proper on site due diligence reviewing the above is all that is needed.

Thanks for the support . . . and the other comments.

Your NOI (116K) should support a price of 1 - 1.25 million but the free-cash-flow doesn't tell the same story.