If I were you, I would also want a 3/2/1 prepayment penalty structure, if you can get it.

Seeking my first small multi-family and had cash to purchase.

You should seek legal advice in that state to get a legal answer though.

Hello everyone,I'm Tomer, an investor focused on property flips in Pittsburgh’s south and east neighborhoods. I'm looking to connect with a reliable, skilled contractor who has solid experience specifically in Fix &am...

We went way over our expected budget - by far our worse budget miss ever (remarkably we were only 0.5 week over our 2 month timeline).Using my rule, take the estimates and double them then add for lost occupancy and that is what I would be seeking or the owner have the work done using licensed contractors and do the work, take the risks, and suffer the vacancy costs.If you purchase having to do the work and your appraisal can handle it, the credit at closing is superior to price discount.  

Any good Single Family Real estate conferences happening in November or December 2024?   I'd especially like to attend one that will have an economist speak on 2025 projections.

If you have multiple rentals, you may need to seek recovery in the aggregate and then decide your priority of restoration.This is a bad day, but statistically, you're good for another 100 years, no matter what "expert" pipes up with his uneducated opinion.

If you're seeking a city with balanced occupancy that can support year-round demand, Tulsa might also be worth a closer look.

Overall, I am looking to seek connections and resources to learn as much as possible about real estate investing and grow my network in the area.I look forward to connecting!

Prepayment penalties- usually 1-5 year terms.