@Gus DelgadoWe just got a list of around $20M in defaulted multifamily loans in dc 5-20 unit propertiesSo it will be interesting to see how they shake out but there are gonna be some opportunities in DC - as mentioned know TOPA but don’t run from it

It is in a C area, on a map some local agent gave me Asking this to help you out - do you know the tenant default rate for Class C?

Because these lenders are so big and their payments are machine processed, they typically only see that a transfer took place after the loan shows up on a default report. 

For example, if the investor knows the H2O heater, roof, appliances, or HVAC unit are of different life expectancy than the average the program defaults to, we will have the future ability to enter the investor’s expectancy.

Do you mind my asking what an attorney would charge to handle a non-contested eviction (ie. 3-day notice through the default judgement)?

Link to new law: https://leg.colorado.gov/sites/default/files/documents/2024A...

I protect my interest with a minority equity position in the entity that holds the property and a clause in the operating agreement that gives me majority ownership in case of a default.

Mortgage Payments (25-30% of Income)Rule of Thumb: Set aside 25-30% of your rental income for mortgage payments.Why: This ensures that your mortgage obligations are always met, reducing the risk of default.2.

LOL  no lender is going to refi a new party on a loan that is in default thats just wishful thinking.

My default decision is LVP unless I have a good reason otherwise.