No qualified commercial loans based on current interest rate and cap rate offered.To solve the problem, either the rate has to come down significantly (probably not going to happen in a few years), or the cap rate has to go up to 10s, which means the price has to be cut by almost half.For those folks that has a maturing commercial mortgage, they can not refinance based on today’s rate.

This will give you a base for what you need to put in to get the best value out of your properties when you are checking ARV and getting the sales price you want along with selling quickly. 

Once I have a strong system set up, I don't want to dedicate too much time to real estate, though.It's also important to note that I'm a US citizen who wants to invest in US real estate, but I live abroad.

Based on research it appears Zelle is the only option that does not have a transaction fee for landlords.I did not include maintenance as a category since this can be done easily in a spreadsheet, but all of the options actually had pretty good maintenance and expense tracking.For Tax Support, all of the tools met the minimum for being able to export the financial information. 

There's not a good reason to not ask for the allowed rent, the tenants portion generally is based on a percentage of their income not a percentage of rent. 

Scott - I am based out of Lemont and Joliet.

Hi Steven, thank you for the great advice; I strongly appreciate it!

Interest rates and points are not the only criteria upon which to base a decision; length of loan, amortization and if you can get it “loan assumability” especially with no qualifying and no rate escalation could e much more important. 

While operating as your own GC this will save you money, coordinating can be a bit challenging.Once you have decided the level of involvement you want in the project, just get bids from multiple vendors based on the same statement of work and compare the offers. 

So we shopped it out to our consistent buyers but at a strong price of $75k.