The property has a large 2-flat main building (3 fully finished floors and partially finished attic) and a large 5 BR coach house.

Hi Alejandro,     we have a Whatsapp Group where we talk mainly about Real Estate investments and we help each other with some related queries or ideas.   

The house has an ADU, we would live in it, and rent out the main house (3 bed/2 bath). 

55kDuplex, 2,400 sq ft 3 bed 1 bath each unit1231 Main St.

Usually in these cases I have expressed to my tenants that I need to fix the main concern first otherwise the replacement will just be ruined again. 

For larger bridge loans and development deals they are solid Originally posted by @Jay Hinrichs: Tarik I dont think she said she was refinancing i think she said she is looking to finance so probably an purchase money loan My main point was that these scale of loans the borrower needs to look within and be realistic if they can truly qualify.I am not sure if this company will take the 10k when cursory information reveals a high chance of loan being rejected..and if borrowers are qualified for this type of financing they usually have a pretty good grasp on whats needed. 

Hey BP community,I’m investing in a self-storage facility for the first time and have narrowed down my options to a few properties, mainly in Texas, New York or Arkansas.1.

I'm considering two options for my property and would appreciate some advice:Cash-Out Refinance and Then Sell: Cash-out refinance to access some of the equity, then sell the property to get the remaining equity.Sell the Property Directly: Skip the refinance and sell the property outright.My main concerns are:Fees: Are there more fees involved with doing a cash-out refi and then selling compared to just selling directly?

The house rents for $1200 month currently and will be able to get $1600 if renovated (finish basement bathroom, new flooring and fixtures, mainly cosmetic).

Specifically, that exception applies when "only a PORTION of the main home is used for business or rental usage"....