We just completed 6-unit one bed one bath apartment in midtown Sacramento, CA As we are considering doing MTR, your feedback on how to move forward with this plan is appreciated  

@Jonathan Small Nice job on this find and completion.

Over the course of a weekend—and fueled by beer, food, and sledgehammers—we completely cleared out the space.

Both bathrooms need a complete remodel as well as the kitchen, the ceiling in 2 of the bed rooms are bowed (previous roof leak that was fixed) so new ceiling drywall, appliances, flooring, and paint throughout.

In fact, more than two out of three homeowners have either completely paid off their mortgages (shown in green in the chart below) or have at least 50% equity in their homes (shown in blue in the chart below):And that’s a big deal.

@Tar-U-Way Bright, as noted above, title would be held in your name since you'd be utilizing a primarily home loan product to finance your acquisition.

Yes, a DSCR loan is generally a refinance of a property once all of the rehab has been completed and you've started renting out the units.

Once you complete your class and pass the test, you will start looking for brokerages.

Take your inspection checklist and have the contractor complete the work he's already been paid for, make that part of the mediation.2.

Does it need to be completed before end of the year to use it when I do taxes in April 2025?