It is not my type of building but you know if you have rent paying tenants and you don't continue the bucket and board tradition I would rather have these tenants then drug dealers that I would associate with a slum anyday.

I lean more traditional in design style, but the wood finishes really make this contemporary space warm and very livable!

It will be a low down payment and they can work with non-traditional credit history such as a cell phone payment, or other bills you've paid consistently over the last 12 months and can document.

I guess this company brought it to the area when they had a client whose line ran under a garage and it would have cost $20,000 + to do it in a traditional method.

If you were going to do buy and hold and properties and finance them traditionally depending on how you two file your taxes it may be more beneficial to put the properties in separate names therefore you can acquire more properties, unless your able to find a portfolio lender, in which case shouldn't matter much.Just a little to think about .

In general, if you can own the property you're better off than just having an option contract (it was pointed out that traditional financing is easier with ownership).However, the property information that you have supplied is insufficient to determine if the deal is a viable investment opportunity.

They are traditional the lowest interest rates.

When you say you bought a 4-plex... was it at a trustee sale, traditional sale or REO?

My dad is 69 and used a traditional IRA, so the withdrawals might soon be an issue.The basic advice he got was this;1) He ALSO has traditional IRA funds outside of his SDIRA.

You can get multi-family financing on properties like this and management is far easier because the tenants get no shared walls at apartment prices and stay a long-time.I would comp it versus traditional apartments and you can maybe get a steal of a deal.