Posted by David Alexander on December 16, 1998 at 16:54:13:
Don’t know the specific details, for doing it on Rental
Property, but, I was told to try and buy the next year
(12 Months, since most leases are that long) for 10 payments and yes get a guarantee from the owner, that your just buying the cash flow.
No matter what the payments are, buying 10 of a 12 payment stream always works out 35% and some change.