I see why folks are asking this company says they do 100% loans for purchase and rehab with a whopping 620 fico..

Purchase price: $516,000 Cash invested: $600,000 Converted mixed-use 3 residential and large commercial space into 5 residential units and one mixed-use Building.

Specifically, I’d love to hear about best practices for managing shared spaces, screening tenants, and setting up house rules.Additionally, I plan to split the utilities among the tenants—any advice on how to handle this efficiently would be greatly appreciated!

You can carve into the details a bit more with a specific broker and products.

We would like to learn about how we should have went about it so that we can purchase more properties, minimize mistakes, and reduce our reliance on corporate life.

Personally I will not work with them specifically due to this fee.

Address potential risks by explaining strategies like maintaining emergency reserves, purchasing proper insurance, and conducting thorough due diligence.

But after working with the family, we purchased it for $42,000 and got to work.We had some unique challenges, like dealing with one of the heirs who wasn’t very cooperative and required a payoff to sign the paperwork we needed for clear title.

When Trying to qualify for a traditional loan, lenders usually price your purchasing power at 3x your net income.

Quote from @Eli Kim: So I  currently have 3 properties and I want to purchase another one but the issue is I’ve maxed out DTI.