Hi everyone,I’m exploring options to refinance a multifamily apartment property and would love insights from those who’ve recently navigated this process.

Evicting them, even after purchase, could be a lengthy and costly legal process.

I like your suggestion of targeting a property with existing tenants and minimal work needed so I can ease into the process while building my network of contractors. 

Any insights would be greatly appreciated as I navigate this process. 

Quote from @Michael Overall: Good day, If an investor has 10 rentals and wanted to over time sell them and put the money tax free from a 1031 toward a large purchase is there a process to do that? 

We are starting the process of dissolving our investment business (LLC) that has two partners.

This just seems like it puts me in a potential bad situation if something goes wrong during the process.  

You can still build two separate homes on the same lot, offering investment flexibility.The streamlined approval process is a huge advantage, cutting out the red tape of lengthy public hearings.

Was the process smooth, and did the property meet your expectations?

Be careful not to violate any Fair Housing laws during this process.