Leverage will be reduced from the max available, reserve requirements increased and, typically, you would be required to use a professional property manager.

Here’s how to find a broker you can trust:Ask for Referrals: Reach out to fellow investors or real estate agents for recommendations.Check Credentials: Look for brokers who are licensed and members of professional organizations, such as the National Association of Mortgage Brokers (NAMB).Review Their Track Record: Ask about their experience with real estate investment loans and request client testimonials.Interview Multiple Brokers: Prepare questions about their lender network, fees, and typical loan turnaround times.Evaluate Their Communication: Choose someone who listens to your needs and provides clear, honest advice.4.

Essentially you've got 5 platforms (YouTube, TikTok, IG, FB, & X) all providing the same vertical short frame video content.

That being said, your typical cost of capital is as follows:EquityAgency debtBalance Sheet local lenderDebt FundPrivate DebtPref EquityHard Money DebtBookie/Loan SharkOther things that will impact capital sources: are you wanting to finance the improvements, or will you pay for those from equity/cash flow?  

I wouldn't think it would take a private lender (which is much higher priced) than a typical mortgage broker's rates.Is there a reason you think you need a private lender?  

The property is fully paid off, as it was essentially gifted to me.

Typically, it’s reasonable to deduct for things like deep cleaning if the place was left pretty dirty.

These deals typically require larger cash outlays (50k-100k) per deal minimums.

👏Regarding subcontractor contracts, it’s essential to have a well-thought-out document to ensure clarity and protect all parties involved.

But if your goal is to leave your day job soon, multi family will offer more cash flow typically.