Also, we have very competitive non-qm options that will allow you to avoid the overlays given when going with a GSE loan while also offering comparable rates.

If it’s longevity I got he 5 year extension for 10% of price many places offer.

But I do hope to offer some quality feedback for folks who are learning the industry and working towards success.

@Jose Saladin Purchasing your sister’s home as a live-in rental offers instant equity (~$170K), tax benefits, and landlord experience, making it a solid first step into real estate investing.

Be wary of CL ads offering homes as RTO.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Our project we are bringing to market will have taken us 2 years from buying to offering.  

You are going to need to see their tax returns to see if they are telling the truth.And what is the interest rate that they are offering you?

@Stephen Akindona in our experience, the PMCs offering:- No Termination Fees- Tenant Replacement Guarantees- Eviction Guarantees- Flat Fee Management- Etc.only manage Class A & B+ properties, or bite off more than they can chew and their services suffer.

I was sent an offering memo by a broker selling a multi-family building in an area no reasonable person would even consider affordable housing material yet the marketing materials made a point of emphasis to detail how the property would satisfy the need for affordable housing.