Speak with lenders - and consider that although they might agree they could lend to you today - they might not be able to when you need the loan.Unless the existing debt has no due-on-sale provision, there will always be a risk of the underlying loan being called.If it were to be called due:1.

I would recommend leveraging the BP forums to connect with existing syndicators.

If you identify a problem, ask the seller if it was pre-existing or caused by the current tenant.

Quote from @Isadore Nelson: I recently acquired a property with an existing tenant who has been living there for about four years.

But ...The first thing I observed was the replacement cost portion of the quote, was, IMO, less than what it will actually cost to demolish the remains of the existing structure, pay for any hazardous waste removal following a catastrophic loss, and actually pay to replace the property in the event of a total loss, even though I used the quote feature to increase the replacement cost value by 20% (the maximum it would allow).

For existing properties, you must make substantial improvements (equal to the property’s value, excluding land) within 30 months.Ensure the duplex qualifies as an OZ investment and complies with QOF rules.

The challenges experienced in the cases mentioned above and elsewhere would be non-existent.

  - Does he want to retain some owner ship? 

Please share your advice and experiences  Hi Richa,Is your existing property inside or outside of St.

I'm not sure if the program is still going on, but has definitely revitalized a lot of the area when it was once destined to follow the way of other older cities that are aging out of existence both in terms of people and property.