The valuation and market value of a multi family property differs from a single family and you want someone that understands the distinctions if you go that route.

The valuation and market value of a multi family property differs from a single family and you want someone that understands the distinctions if you go that route.

They have no rules and no forms for realty investors in general, only for two specific and distinct groups of investors:Landlords who own properties and rent them out (buy-and-hold investors) andResellers, aka dealers, of real estate (buy-and-flip investors and wholesalers)You can be one, the other, or both.

The valuation and market value of a multi family property differs from a single family and you want someone that understands the distinctions if you go that route.

Subtle but distinct difference there.Depending on how your transactions occurred, you may or may be able to recharacterize.Now if Vanguard made a mistake, then you may have a leg to stand on.

Do you make any distinction between small holes for painting and larger holes for anchoring furniture (like for child proofing).If the tenants stay long term, it is not a big deal because you probably want to paint anyway, but what happens when they stay for just a year or two?

Each of these has distinct rental markets and by-laws.

The calculator then assumes the lender is providing 75% of that total figure (purchase price + rehab) vice the albeit small distinction between purchase and rehab noted above.

The building codes make a distinction between water “service” pipe, which means pipe that delivers water to the house, and water “distribution” pipe, which is the pipe inside a house that runs to the plumbing fixtures.

Are there any general rules / distinctions that would apply here?