Shop around with local lenders, ask these questions, and get answers before you try to buy the triplex. 

A broker can shop dozens of providers for you.

My broker shopped around and found 3 companies that allowed us to add Co-Living clauses (SafeCo, Auto Owners, and Travelers).

I plan to shop around more but I’m surprised that there aren’t more funding options in California with the recent popularity of ADUs help with the leverage component. 

Hey @Chelsea Pfeiffer, reach out to @Avery Carl at the Short Term Shop.

For those who are currently shopping or looking for a loan/lender.

You can bargain shop for an $80K property that cash flows $300/month.

It may be time to shop around for a new one who will actually add value to your investment.If you want a recommendation for a reliable property manager in the Lehigh Valley, I’d be happy to share some contacts.

Then you may shop in that price range.Tip: check with your local credit union: they will consistently have better rates and often the underwriting of loans is done locally.Mike

Quote from @Matthew Kwan: For those who are currently shopping or looking for a loan since rate cuts has been a hot topic.