If you talk to the average bank, they generally are not going to know much about MF underwriting.Virtually every lender (commercial, MSE MF, even private lenders) are going to want your "skin" (dollars) in the deal unless this is an astoundingly good deal, you have extensive experience, or can substitute other substantial collateral to bolster the deal.

Hello all,I'm a carpenter currently buying land lots to do new construction or extensive rehab work, specializing in Maryland at the moment(DC and Northern Virginia have to many end users paying retail prices for properties that typically would go to investors).I've done tons of commercial contracting (carpentry and millwork) and have a small cabinet shop but I'm moving away from doing much work for hire and focusing on my own projects.

If the tenant is good, then you should be able to work something out...For example, ask the tenant to sign another 1 year extension on the new lease of a 3 bedroom.Thanks.

I understand about bringing value and with my extensive knowledge of investing in the financial markets, I think I could help a savvy investor and offer a lot of information, but I feel like because of my young age and inexperience I will be highly doubted and criticized.

I think it was a $900 water bill.So always have a nozzle at the end of a hose, always shut off a hose extension, shut off a branch of any Y, and the hose bib itself.

., most my houses would require extensive electrical update to support a conversion to electric stoves.

So the renovation and trust factor im not worried about.Im more concerned with the real estate market in Merrillville, my 2 properties there are in good areas, the houses just need extensive rehab work.

The refurbishment needed first is extensive.

Tenant requested 60 days extension on lease & insisted rent has mailed.

I have a full time job and self manage about 15 units as well as extensive rehabs all at the same time, and it can get very challenging at times.