1. What is the Equity?
1.1. Yes Equity
1.1.1. Cash Needed Up Front?
1.1.1.1. Yes
1.1.1.1.1. Big Discount on Price?
1.1.1.2. No
1.1.1.2.1. All of the Options
1.2. No Equity
1.2.1. See PITI vs Rent below
1.3. Exit Strategies
1.3.1. Rent out
1.3.2. Rent to Own - Lease Option
1.3.3. Owner Finance Sell
1.3.4. Rehab - Retail Sale
1.3.5. Flip - Retail Buyer - Investor Buyer
1.3.6. Contract for Option to Purchase
1.3.7. Contract for Beneficial Interest
2. PITI vs Rent?
2.1. Is payment PITI well below 80% - 85% Rent?
2.1.1. Yes?
2.1.1.1. Cashflow
2.1.1.1.1. Long Term Hold?
2.1.2. No?
2.1.2.1. 85% to 100% rent?
2.1.2.1.1. Possible
2.1.3. >100% rent?
2.1.3.1. A. How big is payment?
2.1.3.2. B. Can you get a Price Discount?
2.1.3.3. 1 A is BIG and B is SMALL., WALK
2.1.3.4. If A is BIG and B is BIG, possible
2.1.3.4.1. Sell Property
2.1.3.4.2. Restructure the Debt
2.1.3.5. If A is SMALL and B is SMALL
2.1.3.5.1. Owner Finance Sell
2.1.3.5.2. WALK
2.1.3.6. If A is SMALL and B is BIG
2.1.3.6.1. Sell Property
2.1.3.6.2. Restructure Debt
2.1.3.6.3. Owner Finance Sell
2.1.3.6.4. Long Term Hold
3. Issues with Property?
3.1. Location?
3.1.1. Good?
3.1.1.1. Hold or Sell
3.1.2. Bad?
3.1.2.1. Sell
3.2. Building Structure?
3.2.1. Good?
3.2.1.1. All Options Open
3.2.2. Bad?
3.2.2.1. Sell
3.2.2.1.1. Now
3.2.2.1.2. Near Future