Just different as they are SFR deals ( communities)  the bank underwrites the probability of success as well and relies heavily on MAI appraisals and data gleaned from those.. with MF I would think there are companies that do market studies.. just like for storage you hire a company to do a study to prove your project will have demand.. 

I have come into a nice situation to purchase land in MA. I

Hello,I'm curious to know if anyone has numbers on average showings before an apt. is rented in MA. I

The house is a relatively large duplex in Norwood MA; I am able to get the property at a great price however it needs a lot of work.

Yes, MA is very tenant friendly, but if you screen well and stick to your criteria you have nothing to worry about.Treat the tenants with respect, and be disciplined to maintain the place the best you can.

@Ranny Ma I believe parts of Hammond are B and C class neighborhoods.

@Troy Ma I would be glad to answer any Financing questions you have on cashing out.

(of Casale Law Offices, P.C. in Wakefield, MA).I am working with him, and he works on a flat-fee basis per closing, fee paid at closing.

Usual rule (by lenders) I've run into is if it is a MAI-certified appraiser (not a BOV) they see those as valid for six months.Unfortunately, COVID is blowing lender's minds and they are making it a lot harder to qual or raising rates.If you can, I'd let the COVID stuff settle out and lenders will come back and you'd prob get a better rate than today.

When looking it up it seems like MA is one of the only states not requiring a brokers license.