Owner financing means you don't have to jump through a lot of hoops from traditional lenders.25% down is typical of a commercial deal.30 years is longer than most commercial lenders will do both, for both term and amortization. 6% is historically a good rate.

Additionally, you need to weigh the stress and psychological impact your debt load has on you.

High school was 4 years of stress and anxiety.

I believe IREM sells a book that breaks down typical expenses for multi units based on size and geographic area.

But neighbor wants to have the brick/mortar repaired, and with the stress and frustration, they would like to be compensated with the entire porch repaired (re-touched to be precisely for all the mortar).

Whether its a bank or hard money lender, and the former typically both require them.So with that being said, are appraisals even used for a cash only purchase in a typical retail flip, or rental flip?

Typically HML's don't seek personal guarantees.

Much appreciated for the advice.Would you be so kind as to give us an example of a typical transaction that you "have been fortunate enough to be doubling" your money on "by flipping, wholesaling/retailing in the past couple of years please?

If I had the option of taking 25K and purchasing an additional property on the same block.while I wait for other money to be returned on some notes I have I would then put my tenant into the new property and rehab the fire damaged one on a less stressful time table.Its still a huge buyers market in Dayton and I expect that it will not change over the next twelve months.

Also, you have to special order those typically so it takes longer and they cost more, but then you save on the stucco patch.