Investment Info:

Small multi-family (2-4 units) commercial investment investment.

Purchase price: $665,000

Cash invested: $200

Sale price: $665,000

Its a Duplex 2bd1ba each unit, nice backyard an...

Since the goal is to revitalize these areas, property values—both for homes and rental properties—are expected to increase as the neighborhood improves.Community Impact:Of course, the main goal of any investment is to generate a profitable return.

And several other countries with major corruption, social issues and questionable property rights laws? 

I also talked to a property manager in the area asking for advice.

.:  So we got a call from our property manager and said that the toilets were backing up. 

when underwriting a property a good rule of thumb would be to set aside ~5% gross income for each Cap Ex, maintenance, and vacancy. (15% total)I dont know much of the market in TX but in central MA i work with a lot of investors that are interested in acquiring multi family properties so that's mostly what i deal in. 

I find it much more useful when you have multiple properties.  

Also, depending on your network from BPCON, see if anyone has connections to private lenders willing to do higher leverage, especially for strong deals like yours with a solid ARV.

I’m aware that the process of getting a conventional or a FHA loan is a bit more strenuous as a 1099 and wanted to know the best course of action I should take as I’m trying to purchase a small fixer upper multi-family investment property hopefully by 2026.

We had to 'pierce the veil' and have an underlying partnership agreement, bank account in the partnership name rather than Land Trust name, but it did work out to open an operating account for each property.