How into this idea are you?

Anybody who says this is a good or bad idea without any more information isn't doing you any good.

Yet, you have to adapt those ideas to the modern world!

Let’s Connect and discover ways to Work together, exchange Ideas, and create Value for each other’s Goals.Thank you, and I look forward to hearing from you!

I am trying to figure out what to do with this property and would love to hear your thoughts or ideas around this.The rent is below market but the apartments arent updated.Options:-We could keep the property and make the repairs, but would be at a loss for a couple years until rent covers expenses.

While you don’t have to decide this instant (you could always convert later) it’s good to have an idea of the market differences between mf and condos. 

Drew has a good idea.

Providing a lease to the appraiser can also help in giving them an idea of the rents that you're expecting on the report while also confirming that there is demand in the market already for the value that you set the property at.If you're looking to refinance a property using a DSCR I would be happy to help!

Keep your momentum going, and don’t hesitate to reach out if you want to bounce ideas or discuss a deal.

Let’s connect—always great to share ideas with fellow investors!