Qualified Intermediaries make a significant portion of their revenue on the interest held on their funds.

If they need a place that sleeps 12, it will most likely not.It is possible that you can get seen by those that need to sleep 12 or 14 if there is a dearth of places that size.

Hi Aliya, Look for recently sold properties that are similar to the subject property in terms of size, condition, location, and features.

Min loan size may also be an issue at 70% LTV.

Determine what you are looking for in the best multifamily property; this could include things like location size condition rental potential cash flow projections value-add opportunities etc.

Usually, sellers are only willing to do it if they receive a significant down payment and most will only do a VTB for a portion of the property.

The issue you might run into to get 30 year financing on a 5+ unit in AL is the loan size.

We filed for eviction last week, it is a long story, but I feel as though and I know that I waited too long.We did have the January rent reiumbursed as a credit, but it was a lie, as the previous owner did not actually receive the prorated portion of the rent for January (or December 2023, for that matter).Yes, property was disclosed as having a renter in place paying $1250/mo.

From my research, a well themed unit can easily bring twice the nightly rent of a lower end, same size house and the occupancy is higher as well. 

The houses you can afford given the size of your down are ones banks are not likely to want to lend money on because their costs are about the same as for a big loan.