It’s not the most conventional inventory, but there’s been a fairly consistent pipeline of retiree buyers from what I’ve heard.

The "fine print" here is fairly sizeable upfront fees and high interest rates, relative to a traditional construction loan from a bank.  

Making long-term tenants even more valuable.Show the tenant what market rent is and ask them what a fair increase would be.

You want to find the honest and fairly expensive Contrs.....for so many reasons we don't have room for here.....

My guess would be the market will behave inefficiently for a short time as it reacts to uncertainty from the new White House, and then it will re-stabilize into something fairly similar as what it is today. 

Transparency is important to me, and I want to build partnerships that are fair and mutually beneficial.If you’re in California or have an interest in the multi-family market here, let’s connect!

I plan on my income jumping a fairly good amount, especially since I will transfer to working a full time position.

The lenders simply are not interested in financing a deal where the buyer has such a small amount of skin in the game.If you don't mind, can you touch on how you were able to obtain the type of financing structure that allowed for a seller-held 2nd mortgage? 

When an owner passes away, the property’s tax basis is reset to its fair market value on the date of death (this is known as the “step-up basis”).

That seems fairly obvious and you really don't need to use a spreadsheet to prove that.Where I get hung up is your example of paying down a 5% load with a 7% HELOC.