Ensure this notice complies with local laws and regulations.Seek Legal Advice:If the situation does not improve, consult with a real estate attorney who specializes in landlord-tenant law.

As always, consult with your lawyer and CPA regarding your specific situation. 

Hello all, I am curious if anyone has worked with Verivest with their fund creation consulting offering?

Here are some pros and cons of each approach to help you decide:Paying Cash for One Home and Refinancing LaterPros:No Mortgage Payments: You won't have monthly mortgage payments initially, which can reduce financial stress.Equity: You own the home outright, giving you full equity which can be used for refinancing.Lower Costs: No interest payments and possibly lower closing costs compared to having a mortgage.Better Negotiation Power: Cash buyers often have more negotiating power and can close deals faster.Cons:Opportunity Cost: Your cash is tied up in one property, potentially limiting your ability to invest in other opportunities.Refinancing Risks: Future interest rates may be higher, making refinancing more expensive.Market Fluctuations: Property values might decrease, affecting the amount you can refinance.Buying Four Homes with 20% Down on EachPros:Diversification: Owning multiple properties diversifies your investment, reducing risk.Rental Income: Potential rental income from multiple properties can generate cash flow.Appreciation: You benefit from the appreciation of multiple properties.Leverage: Using mortgages allows you to leverage your investments, potentially increasing your return on investment.Cons:Higher Debt: You'll have multiple mortgage payments, increasing your debt and financial obligations.Management: Managing multiple properties can be more complex and time-consuming.Market Risks: Market downturns can affect all properties, amplifying risks.Cash Flow: If rental income is not enough to cover mortgage payments, you could face cash flow issues.Considerations:Financial Stability: Assess your current financial stability and ability to handle mortgage payments and potential vacancies.Market Conditions: Consider current and projected real estate market conditions and interest rates.Investment Goals: Align your decision with your long-term investment goals and risk tolerance.Professional Advice: Consult with a financial advisor or real estate professional to get personalized advice based on your specific situation.If you prioritize lower risk and less debt, paying cash for one home might be the better option.

@Nicholas StevensonGood suggestions to ask the seller if they can carry the note and talk to other lenders.Also a reminder there will be tax implications when you cash out on the crypto and that you should consult with your CPA before you sell.

Your tax pro will thank you and you'll keep your sanity.For considering entity structure, consult with an attorney and let them know your plans for the property.

Initially I was planning to establish an LLC for liability protection, but after several consultations with different law firms, entity structures seem more complicated and much more expensive than what I need just starting out and with and no real wealth to protect. 

I would consult an attorney on this one.

I am an experienced investment consultant, investor myself, and Director of operations for a large property management company here in Atlanta (9,000 homes).

What size of multi family properties have you consulted on.RegardsWayne