The worst property on the best street with rents that are considerably low.

Hint: The regression model consists of multiple attributes, sf, lot size, ceiling height, amenities....

The borrower is billed for the amount that is actually borrowed plus any interest due.right of first refusalA provision in an agreement that requires the owner of a property to give another party the first opportunity to purchase or lease the property before he or she offers it for sale or lease to others.right of ingress or egressThe right to enter or leave designated premises.right of survivorshipIn joint tenancy, the right of survivors to acquire the interest of a deceased joint tenant.sale-leasebackA technique in which a seller deeds property to a buyer for a consideration, and the buyer simultaneously leases the property back to the seller.second mortgageA mortgage that has a lien position subordinate to the first mortgage.secondary marketThe buying and selling of existing mortgages, usually as part of a "pool" of mortgages.secured loanA loan that is backed by collateral.securityThe property that will be pledged as collateral for a loan.seller carry-backAn agreement in which the owner of a property provides financing, often in combination with an assumable mortgage.servicerAn organization that collects principal and interest payments from borrowers and manages borrowers' escrow accounts.

Hello all, I am considering putting an offer in on a multifamily property in the Cleveland Heights area very soon and am concerned about vacancy and the ability to fill the unit(s) quickly.

Kevin,There is another consideration on whether or not to hire this person as a W2 employee or as a 1099 subcontractor.  

@Joel Mattsson-Bozé, In the private money world, verifiable income is not a consideration.

Another big question is to what degree you should be using S179, taking into consideration IRC Sec 199A only applies to tax years 2018-2025 at the current moment. 

If not for my wife, I probably would never have gotten into real estate.Oh and regarding vacations, my wife and I love to travel and so we do spend a considerable amount of money visiting other countries.

They have to state their down payment (called an option consideration) and their ability to cover a certain monthly payment, which is based on income.

Hello BPers,Is anybody familiar with the eviction process in Cleveland Heights?