You used to easily be able to do this with 2 unit properties, but with prices and rates today it's hard to make this work anymore, unfortunately.

A DSCR loan only removes the income piece and adds a slightly higher rate and prepayment penalty.

Rates are a bit higher but if you can leverage up to do more than 1 flip at a time, it will be worth paying the lender fees.

Since i had capital and had access to my commercial banks for the best rates possible on vertical and horizontal loans..

If you sell, it will cost you a lot of $$$ Plus, you best asset is the interest rate.

With your brother’s $50K equity already in the property, this should make the loan-to-value ratio favorable for refinancing.HELOC monthly payment on $68K: ~$300 (depends on your rate and term).Lease payment from brother: $800/month.Future mortgage (refinance $68K over 30 years at 6%): ~$400/month

But don't let them know it.It amazes me how many of our members at MassRealEstate dot net have an Asset worth $300-500k Rent it for .5-1% of value and hardly pay attention to it, yet chase a tenth of a percent in CD rates;-)

It is a violation of the HAP contract to charge more rent for voucher recipients than market rate tenants.

There was quite a bit of unused land and the zoning gave me some flexibility if I wanted to expand various aspects of the property.Also the self storage units were all below market rent and the seller was willing to finance at a decent rate with a 5 year balloon.

Let's say my competitors are at $100/night.. what's a reasonable discount?