Sierra,This is why we require tenants to have a renters policy.In this circumstance, I would probably split it down the middle.

That was middle of the road finishes.

I am in the middle of the mortgage process to buy a live in flip (170k purchase, arv 260k+) and i have the opportunity to get a Private mortgage for 60k @6% against a rental that's free and clear.

It is likely not the best investment property or deal I could have found, but it was a middle-ground for us and will allow me to begin adding to my real estate portfolio.

Basically you’re asking a owner to lease to you so you can sublease to a third party and be the middle man.

For context, this place and the other calc I posted in another thread are in a very desirable, residential area next to an Ivy league school and all the grad school- the tenants (I was one a few years ago) are very high quality, its largely grad school/professor/staff rentals, and the home values historically have been largely immune to changes in the housing market- and probably as such, they've gotten really expensive.

We are also in the middle of a major renovation in a large duplex.

Right now we are in the middle of an equity raise for this deal.

Hi Dominique, I often find myself analyzing deals in the middle of the night when I can't sleep, so I know the feeling.

But if you ever do decide to go kick some butt in the middle of the night...