Multi-Family properties are highly sought after in Memphis so they go fast. 

In our culture, the idea of fast food and convenience is everywhere so what seems "easier" could actually be disguised to harm you healthwise.By just taking out some time in the day to plan and prepare for a healthier lifestyle will do wonders in the long run.

Best, Justin  Hi Justin - as you've noted - DSCR Loans are typically the best bet for this (Mid Term Rentals) and typically are for these newer/innovative strategies as DSCR Loans are typically done by private lenders that can move and adapt fast (versus slower moving lenders that must follow GSE guidance or banks that are under a lot of regulation and bureaucracy)Check out this article published at the end of last year here on BP that talked about "whats coming next for DSCR Loans in 2024" - Medium Term Rental financing solutions was one of the main topics!

I have a little concern as I offered a shorter financing contingency and appraisal contingency based on how fast it was stated they could close loans, but not entirely sure they can deliver yet.

And if I’m talking to fast for you and you can’t keep up Drew just refer above to the real truth and facts from MSHDA on the Wayne County landlord packet that anybody having anything to do with real property management in Detroit should have many of.

Multifamily properties are selling just as fast as they were in 2023 despite there being more options on the market.If the trend of increasing inventory continues, we could see price growth slow down even more in 2025.

I'd focus on fast growth markets.

I said 100k is a great deal for her and take it fast. lol.

Now fast forward to 2022, the AFR is closer to 4%. 

I am hoping to fast track my retirement and generate wealth through real estate.Excited to learn and connect with you all!