Did you have someone or something backing you up?

Selling at FMV avoids the gift tax but provides your child with a higher tax basis, reducing their future capital gains liability.A better strategy for selling below FMV is to sell the house at FMV on an installment note, then forgive interest and principal annually up to the gift tax exclusion amount.

It is very messed up and I am trying to remove it from the building to avoid and further mess.So she started arguing and I gave her one week to remove her stuff.

Hello, my husband and I are currently in the same situation as you when you posted this and I was wondering if you ended up using a heloc to fund your new build?

However I think in general you would get lower rates going to credit unions than bigger banks though maybe you might get more if they think they can make the money up elsewhere.

New 200 amp circuit panel, Culligan water softner, new washer/dryer, and a deep clean Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

No I drew up my own contracts and filed the paperwork myself

Bonus Tip: If this quadruplex is out of state, I’d highly recommend building a reliable local team (cleaners, handymen, etc.) and maybe consider hiring a co-host or VA to help with day-to-day tasks, especially if you scale up. 

Even in your area, you may meet other out of state investors so you have more context for when you talk to the people who will make up your team there.

I've done one LLC in Illinois and it was easy: $75 to the state, one web form, draft up some routine procedural docs etc.