I know the owner Nav AThwal personally... they simply wont do this.. and if its your first deal they may not do deals for 1st timers either.Do hard money will do 100%... but be advised they will want 3k non refundable up front if you don't close and 800 a file to underwrite again with no guarantee that they will fund.. so have seen both sides of the coin with this company.. those that lost 3 to 5k and never got a deal done and ran out of money.. and a few that actually got funding.. and its very expensive..

They have some coin operated laundry but I would guess unit is currently renting for $550 and it's listed that it is at 100% occupancy.  

Apartment buildings we provide tenants coin operated washers and dryers.Anything else tenants are responsible for their own.

I though about a coin washer and dryer but I don't see big income for the space needed.

So that's one side of the coin ...

yes...and studio condominiums in a/b central SF locations are going for $700,000 +/-$88m for a tech mogul's house....still A LOT of coin.  

How to turn the property around - Ways to increase NOIRaise RentsCharge for Extra Parking SpacesCharge for Storage SpaceRent Out the Clubhouse for Parties/EventsInstall Vending Machines OnsiteInstall Coin Operated Laundry FacilitiesSelling Ad Space in Your Community NewsletterAdd an Onsite ATM MachineInstall an Internet WiFi Network and Charge for AccessRaise Rents (The Ideas Above from my friend Susan Lassiter-Lyons)

Coin oI laundry 45.00Total Income $1,845Property Tax $151 Insurance $67 Vacancy $90 R&M $180 Management $144 Lawn/Snow $125 Water $140 Gas $65 Electric $50 Trash Service $70 Total Expenses $1,082Purchase price $88,000Repairs $2,50020% Down Loan $17,600 down$70,400 Int Rate 5% P & I  $378Net Cash Flow $385/month Cash-on-Cash 23% first yearI'm going to put it under contract tomorrow. 10day inspection period with a financing addendum. 

Both buildings got a new roof last year, the basements are spacious and one of them (building with older bathrooms) has coin-operated washer and dryer.

We just purchased our first rental property, a 4-unit, all 1bed/1bath, coin laundry in basement, and 4 car garage in the rear.