You’ve got to follow the rules closely, and that means working with a qualified intermediary (QI) who’ll hold your funds in escrow while you shop around.

This property will be the first of many, and we hope to continue scaling in Cincinnati over the next few years.To start out, our plan is to buy and hold a cashflowing 2-4 unit property using a DSCR loan.

The ADU I am thinking of adding is on a triplex property and my understanding on the valuation of these types of properties is cap rates (4-5% depending on the neighborhood in LA) and thus adding more income to the property increases the value of the property assuming the cap rates hold Triplexes and quads are not appraised on cap rates if using conventional financing.  

We already signed the purchase agreement several months ago...it has been on hold while they mitigated a pest control issue that has taken 2 months.If it's that important, make it part of your purchase agreement.

Sounds like you have thought out a lot of this, but maybe also hold a competition with a cash prize at your closest architectural and design school.Can you build it cheaper than someone like this?  

It is solid to look at deals that are off-market and know that the ability to buy it at a price and either hold it or sell it will be coming with less competition on the purchase and more upside.  

Property taxes are important, sure, but they shouldn't be the make-or-break factor that kills a potentially great deal.I get that, but PT is holding me back from getting positive cash flow.

Investment Info:Single-family residence buy & hold investment.

I feel like it would be easier to get bf out if they are both at risk of an eviction but obviously legaly questionable… I just want it empty :((Currently trying to get a hold of boyfriend for his side/plans/expectations)

Investment Info:Small multi-family (2-4 units) buy & hold investment.