Nike Air Force High Gold

one of the primeneighborhoods in the very hot rental market of Minneapolis. Two doors down from my house is a beautiful brick 4plex. The woman who owns it is in her mid 70's and inherited the property from her father. It's been in the family a long time and is immaculately kept up. Absolutly NO Menards grade "updates" in this gem. I've heard her mention over the last few years that she's interested in selling but doesn't want the big tax hit. I also think she would like it to belong to someone that respects it's history and will maintain it with the same attention that she and her father before her have. A five year owner financed deal with a balloon payment of the balance at the end of year five. I'm assuming that the interest rate that I offer her should be based more on expected appreciation in the neighborhood thanstandard commercial interest rates since this property is paid for and she isn't paying or making anything on interest at this time. Is that accurate?

Nike Air Force High Gold

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Nike Air Force High Gold

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Nike Air Force High Gold

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Nike Air Force High Gold

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I hope to move on this soon and would greatly appreciate any advice I can get. I know this Nike Air Force High Gold woman owns a few rentals in Minneapolis and if I can get this to work I'd love to see what else I might be able to work with her. I also know of a woman in her 80's that owns some 10 and 12 unit buildings in the area that are equally well maintained. Opportunity abounds!

I was reading a thread here a few day's ago, can't find it now, but a person was snatching up a pile of rentals with Land Contracts. Inspired, I'd like to make my first attempt and would love some advice.

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