You can't expect to get the same results investors were getting in 2018.You can play with the numbers a little, but be careful.

@Jaskanwal Preet Singh ChhabraRefinancing a converted property for coliving involves appraisal, loan types, interest rate reduction, and careful planning.

this is mission impossible.. although you might have some fake lenders approach you looking to steal up front money from you.. so be careful. 

Make sure to shop around for the best rates and terms.Find the Right TenantsOnce you’ve purchased the property, screen tenants carefully to ensure you find responsible individuals who will pay rent on time and take care of the unit.

The thing is he wants to sell it directly to me (FSBO) without the use of an agent to save on commissions.

As private money lenders, protecting your investment starts with careful borrower vetting.

Higher Fees and Costs: Cross collateral loans may come with additional fees, such as appraisal costs for each property involved, which can increase the overall cost of borrowing.In conclusion, while cross collateral loans can provide valuable opportunities for accessing larger amounts of financing and potential cost savings, they also come with considerable risks and complexities that borrowers must carefully consider.

Returns look good on paper but the kind of tenants those homes will attract will eliminate your cash flow.Invest carefully.

The Kindle is delayed due to Thanksgiving; the audio will be out soon.I'm on this site to learn what other Passive investors care about. 

Be careful of investing based on existing relationship.