Myself and a friend are looking to get into investing in buying hold single-family homes.

This would buy time to improve cash flow or explore better refinancing options.Ask Your Lender: Would they consider lowering the rate temporarily or extending the loan period while you stabilize cash flow?

Notice how they presume they are going to buy the asset at a substantial discount from the lender.  

Are you buying amazing deals or are they closer to market value?  

Investment Info:Small multi-family (2-4 units) buy & hold investment.

If not, ride out the 12 months with the hard money lender.People have to make good choices and not over extend themselves just for the sake of buying something they really can't afford or that doesn't make good cash flow.

I rehab and also buy and hold.

I work closely with many buy and hold investors and would be happy to share insights or explore ways we can collaborate. 

Maybe sit down with her and look at the finances for her and if it makes sense for her to buy the X out and refinance if that is even possible. 

Also, you don’t need a business license just to look at properties, but if you buy a bigger property, like a multi-family unit, you might need a certificate of occupancy, depending on the local rules.For business trips, most expenses can be deductible, but if it’s part personal and part business, you can only deduct the business portion.