No offense, but I hate the idea.You can send someone a bill all you want, but they aren't going to pay it, which means that all you are going to end up doing is turning off their account. 

Value adds that could bring up cashflow/value:- renovating units to bring rent up to 6-7k/month - ability to rent out parking space on the property as lot is large - trailers, parking, RVs etc - about 1-2k/month cashflow. - property had TDR trasnferable development rights and can be built 5 stories on it.

They will based on the comps and your ability to repay the loan.

If you are not starting from a very strong financial position and you do not have the ability to quickly stockpile cash quickly from other means then I definitely agree with that statement from the book.

It was more lucky than good and says very little about the sponsor's abilities. 

Hi all,I am thinking about buying a Duplex that might have the ability to be converted to a Triplex.

For real estate investors who are investing in debt financed real estate, or real estate syndication, the ability to invest with a 401(k) Roth, avoiding UBIT/UDFI and compounding tax-free growth, can be really powerful! 

Purchased for $28,000 and sold for $110,000 on 11/22/2024, this deal showcased our ability to maximize returns.

I allow pets on a case by case basis that way I have the ability to say no to a pet I do not want. 

Depending on your estimate of the ARV and the ability to raise the rent on the 1BR, this looks like a "lendable" deal, IMO.