@Kerry Baird Love hearing about others taking advantage of cost segregation studies.

It's low class but some managers I know make s killing.houses are in poor condition since they were built quickly in 1946 to house the returning soldiers from the war👍 

Option 3- If they have qualified for FHA; counter the offer to see if they can qualify for low downpayment conventional loan

I was a student they offered to sponsor a deal for and it has cost me everything, literally. 

It helps estimate ARV, rehab costs, and potential returns and offers funding options.

I work with a ton of new investors as a realtor the #1 way to get started is just find a 2-4 unit in decent shape and buy it low down with conventional financing 5-10% then you can live in it for a year and do another next year.

Short term (12 months), low loan to value with borrowers who have strong credit and significant assets.

This hidden cost significantly increased my loan’s overall expense, and I only realized it after reviewing the final terms.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

We invest in Greene County, Ohio and currently have 24 low income units.