@Linda RobertsDid they sign a lease agreement for the new lease rate?

This only applies to the investment portion of the property.Holding period: The length of time you've owned the property affects whether gains are taxed as short-term (ordinary income rates) or long-term capital gains (generally lower rates).

What I suspect is that you "inherited it" but that when you transferred title into your name the deed showed $1 because that is allowed for close family transfers and avoids state transfer tax aka tax stamps on the sale.

Some companies give a "Full Transferable Warranty" but then hammer your with fees on labor or some other way to get more $4. pic below is of the severe fdn. settling in the kitchen.   5. 

Understand the trends, property values, and rental rates in the South Hills area.

FHA loans on multifamily will likely have the self-sufficiency test for 3-4 unit properties and with current interest rates virtually every property is unlikely to pencil. 

As a mortgage officer, I can assist you in understanding loan products that suit your investment goals, such as conventional loans, FHA loans, or portfolio loans.Property Management for Self-Owned Properties: Leverage your management skills to maintain high occupancy rates and maximize ROI on your investments.I am a loan officer licensed in NC, feel free to reach out if you have any questions or need assistance with financing options.

Hey BP,I am looking at 5-plex opportunity deal and was hoping for a little insight on cap rates there.The property located in 35204 zip code.Does anyone happen to know what average cap rates are at right now in that area?

Hey BP, I am looking at 5-plex opportunity deal and was hoping for a little insight on cap rates there.The property located in  35204 zip code.

Many of my projects are being positioned for the day that rates come down, whenever that happens.