The seller is offering seller financing at 2% interest with a 9-year balloon.

My friend @Miller McSwain does partnerships for co-living properties to get similar returns to syndications.

My client has a property near the hospital where he runs his dental practice and has 6 hospitality units connected on the other end.

In a rapidly-rising interest rate environment (such as we've recently experienced) that tradeoff may or may not pay off.Unfortunately, in CRE finance there is no perfect financing vehicle and you can't eliminate risk--you must choose which risk you want.

Quote from @Casey Wilson: Hi there, I was wondering if any Detroit-metro experts from the PB community could offer advice on what areas in the Detroit-metro area might be worth exploring for rental properties (ranging from single family homes to 5+ unit apartment complexes).

I would take out a private loan on the paid off property to get the other one squared away

Happy Monday!Say, I have a potential client that has asked me to value a 7 unit apartment building. I have all the income and expenses. Does anyone have a "program" or formula to use to establish a reasonable list pri...

As you start you will want to take into consideration that many owners and hosts use more than just AirBNb to host their properties.  

The property is only worth what it is worth - what the seller needs to make is irrelevant.

This also leaves me with $3,750 stuck in the deal (not including financing and closing costs, which could easily add another $20,000).In total, if I had to include closing costs and financing costs, I’d have about $23,000 (if not more) tied up in the deal and lose close to $700/month before accounting for expenses.