I bought several multi-family this way and negotiated financing terms that were better than the bank.Cody Davis started investing at 19.

The short answer is No, you don't need it.  

Option A would allow me to keep it as a long term rental .

I would send them notice today that explains what will happen after the current one-year term ends.

Yes of course its price can be more volatile and can go down faster than real estate would but long term it appreciates and pays every month.Curious on BP communities thoughts..

My personal opinion: he's not the only one "doing it right" but he's definitely on the very short list of those that are.Just my .02note: I don't participate in his deals.

Most long-term lenders will use an AMC to select the appraiser.

Long story short, you spend a month cleaning and renovating, then you find a new tenant after just 15 days.In total, you lost three months of rent income ($3,000) plus paying utilities ($500).

I've selected Collin, Denton, and Grayson counties as my investment focus.My goals involve investing in multifamily properties and long-term rentals.

It should include details like the purchase price, property description, and terms of sale.