First 10 years I/O and fully amortized for 20 years thereafter..If it's full income verification, strong credit and a lower LTV you should be able to get there with a mild buy down..Check in with @Joseph Chiofalo for a quick second look.

Just a 24 y/o wanting to learn how to earn some extra income through real estate.

I have a odd question,  70+ unit property 6mill left on note 5.50 30yr amortized   assuable 3 yr i/o remain BP calculator, Cash flow is positive cap x 1.5mill in Improvemennts in the last year with 20 units for value add improvements where do I go to get approved or a deal or a foot in the door? 

@Ugo O., I think it would be EXTREMELY difficult to work from pictures.

One you own the new property get a tenant in, obtain a rental property loan to payoff the seller financed loan, and wait the minimum about of time (usually one year) to convert the property from rental to o/o.  

The agent will prepare a commitment with requirements for closing including a deed from the party the insurer believes is authorized to sign the deed and any supporting docs they need to be comfortable in issuing a title policy to you w/o an exception for your concerns.

I would also:1) Recommend you schedule the township/borough U&O at least 10 days prior to sale.

I would not add solar panels to a rental property, especially if the tenant is paying for the utilities.The value of the home will not go up in pro-ration t o the price you paid for the solar panels.I.E. if you pay $20,000 for solar panels, the value of the home will not go up by atleast $20,000.best of luck.

@Margaret Dreesen1) You typically cannot use the SD to cover damages while the tenant is still living in the property w/o the tenant's written approval.2) Even if tenant agrees, not a sound business strategy as now you have nothing to cover possible damages when tenant moves out.3) Filing a claim on your own insurance is also business-foolish, as now your claim will track you in the insurance world for about 5-7 years and if you have another claim - may lead to cancellation or spike in premiums.4) Tenant is 100% responsible for the damages!

Chris…I don't believe I need E&O insurance….I don't want to be a real estate agent…just want to use MLS for my personal real estate investments.