Quote from @Kathy Grossart: Can a non-accredited investor in an already established SDIRA, within a 506(b) multi-family syndication, do a 1031 exchange to another syndicated property (with same operators), if the new 506(c) offering required investors to be accredited, and the investor is not? 

We recently helped a client with a large $20M+ cash out refi on a multi use property in Delray Beach.

Multi-story CBD office buildings in downtown urban areas are the product that is struggling.When you say temporary, infrequent use, are you speaking about leasing smaller Executive Offices or running a business similar to WeWork?

Hey everyone,I'm in the process of purchasing a multi-family apartment building and just discovered none of the current tenants have any kind of move-in inspection. 

Here is the situation: I found a good multi-family home in upstate NY.

DSCR or Fannie/Freddie loans can go up to 75% on single family homes, multi family homes (2-4 unit) max at 70% if you stick with Fannie/Freddie.Other things to consider would be:Paying points for a lower rate vs higher rate with no pointsIf going DSCR - Prepayment penalty term (0-5 years)The lower the loan size ($200-250k and lower), you should consider paying up to 2 points and doing a 5 year prepayment penalty if going DSCR.

Frank, For a rookie investor with low capital looking to build a rental portfolio, the best strategy is house hacking: buy a small multi-family home with a low down payment (FHA or conventional loan), live in one unit, and rent the others to cover your mortgage.

The fact that you evaluated whether to sell or do a cash-out refi shows you’re playing a long game and keeping your options open.

@Kwanza Price - Syndications are a great options and even some QOZs. 

It would be helpful to me at this time, to have about $25K in working capital for work on one of my multi-family properties.