having trouble comping properties, the problem is two-fold.

The problem I'm running into is two-fold:1) Many banks still have a moratorium on these due to COVID2) Debt to Income qualificationOn #2, I bought a triplex last September, one unit was delivered vacant, I spent a couple months renovating it, then filled it a couple months ago.

The problem I'm running into is two-fold:1) Many banks still have a moratorium on these due to COVID2) Debt to Income qualification due to unique rental income situationOn #2, I bought a triplex last September, one unit was delivered vacant, I spent a couple months renovating it, then filled it a couple months ago.

You aren’t entitled to it unless it is under very specific circumstances which are outlined in each states books.Thinking like this can guide you in your “hold em or fold em” decision

The purpose of transferring it to our personal name was two-fold; 1) to get a better LTV & 2) to get a better interest rate.

Can you get folding tables to add to more seating or is the kitchen not big enough? 

@Nathan Williams this market has brought the seller into the fold as calling all the shots not just a couple of them (i.e. no closing cost coverage), and this means they can and will ask for rent back due to them not being able to find a move-up or move-down property as quickly as their home sales.

We control 12-14k lbs of linens a month right now, so I’m thinking that we can more than pay for a laundromat just paying $1 a lb for wash and fold, and then any business walking in the front door of the brick and mortar location is just additional revenue.

Other people go a totally different direction and add wash and fold and more intensive services to boost income.

Hi @Aakash Patel, have you asked your lender if they can fold the closing costs into the financing?