Financing OptionsParent Loan Options: Consider home equity loans, investment property mortgages, or co-signing a loan.Tax Implications: Speak with a financial advisor about potential deductions and capital gains.Rental Income Potential: Explore the option of renting out extra rooms to offset costs.5.

Based on the numbers seems like it was a straight forward conventional loan...any challenges?

You may run a company but you are not investing in real estate as you don’t own anything.

The modeling of this is actually pretty easy (see link: 42-unit proforma sample), but my model treats the pre-refi loan as I/O, but that can be updated based on your deal.

I ran my own custom proforma for a bank loan using the asking price that would generate a cap rate over 10% and CoC just under 20%.

The typical term of this loan is 12 months and rates range from 10%-12%.

Quote from @Jonathan Glumac: I work for a MF Development Company in Texas and I want to get my realestate license.

Many companies have left the state entirely.Insurance is a simple math game. 

I use one of the most expensive snow removal companies in town for a 16-plex that has 240 linear feet of sidewalk and 10,000 square feet of parking lot.

So i put in an offer for 10% down conventional loan, $530,000 with 10k back to me for closing costs and it was accepted right away.