Shared housing provides affordable, flexible rental options for young professionals, remote workers, and students.As shown above, co-living properties have more demand than traditional two-bedroom units and appeal to a wider tenant base.2.

I don't get the term "DSCR loan"   I mean all loans for 5+ units are based more on the property than the buyer.     

 @Deepak Malhotra based on your sales price, I assume this was also sold many years ago.

While there's no strict requirement to match the original mortgage terms, reinvesting the full proceeds without financing or using leverage to enhance returns is key.If you don't reinvest the full amount, any shortfall ("boot") will be subject to capital gains tax, and depreciation recapture may apply.This post does not create a CPA-Client relationship.

Since your name is on the deed, you have a few options to secure financing for the rehab:Home Equity Loan or HELOC – Since the house appraised at $500K and you own it outright, you may be able to take out a home equity loan or a home equity line of credit (HELOC) based on the home's value.

SO expect to pay a premium based on what the potential value of the building can be once maximized and stabilized.

I have several CFO clients in KC and I'm based across the state in the St.

The answer is based on your goals.Short-term goals are tough. 

This deal was brought to us by our relator and was also a civilian that worked on base that was leaving the area.

You are in a great place to learn based on the successes and failures that many have had.