Welcome to BP; You're experience should do you well on the other side of the see saw; let's hope the mortgage end of the business lowers the bar a tad.

Who knows if that will increase out even hold, but now it provides good positive fodder.But my goal is to generate more cash flow, so I am looking at markets with lower acquisition fees.

Veronica-Will Guzman The lower your EMD the lower your risk.

Over-all the percentage I pay for PM & repairs &maintenance are lower than what I paid for single family homes.In my opinion and based on experience, multi-unit apartments are better buy-and-hold assets vs.

If it is found that the future fair market rents are what was agreed to be paid or are lower, then all amounts agreed toward the purchase can be accepted and credited as agreed for loan purposes.

We have been trying to get the tenant's cooperation to get in for the last 2 weeks without any success.Without the inspection, it is hard to ask the seller to just lower it by another $20k, however, if I ask the landlord to kick out the tenant and then do the inspection and lower the price after that, the landlord might feel being used.

If I was in the position it sounds like you're in I would do this.1) Lower the offer to 35K seller financed and she is no longer responsible for the taxes.

The Key is finding big property issues up front, negotiating lower purchase pricing and taking care of any differed maintenance up front.

A better idea even may be to talk to one of the hard money brokers at the meeting, they will borrow at a little lower rate say 10% they then lend the money at 12% and 2 points this is their profit you get the original agreed to amount.

I'd happily lower the sales price to avoid any predatory lending.