If the proforma has the rent roll at $1400 a month, there is a discrepancy that could lead you into a bad assumption on your business plan.Also one caveat, be aware of physical delineations around the area like bridges or railroad tracks or a canal. 

I also have camera's on many of my multi-families so that helps(only on exterior)Keep pushing man!

the property’s rehabilitation is scheduled for completion in 2025 and the rent will subsequently increase, can I proceed with a cash-out refinance based on the current rent roll?

If you are close to retirement and are accredited, it's safe to assume that you'll likely have some decent, taxable income rolling in during retirement.

That said, it's nearly impossible to find a decent option under $300k in those locations.If you have an apetite for rolling the dice and saying "I'm so glad I bought this ten years ago!"

Desperation to Raise Funds: The company’s desperation to raise new funds from investors is evident in their offering of a 2% bonus until late August 2024, pushing already untenable, fixed returns to 17%.7.

She was being diplomatic and didn’t say specifically it was me and the other Multi Family Mindset student but we got the impression he was trying to get us pushed out of it so he could move in and get a bigger percentage.A month or so went by and then next thing I know we had to learn by a social media post that my Multi Family Mindset coach had a new deal with the two former students who we had partnered with on this same deal.

Collecting rent rolls, walking properties, learning who's doing the best in our sector/niche and how they're doing it, finding partners, all of these things I'm fairly good at, as I've been doing this for my recruiting agency for the past 3 years.

If they push back, you might consider adjusting the rent to reflect the change.

This could push your rent up to $7,500 or even $8,000, which would make your cash flow positive.In summary, the refinance could give you a good return in the long run, but the negative cash flow in the first few years is a concern.