Let’s say you find an excellent deal maybe a month after and you’re short on cash, perhaps you can try to partner, or find a private lender willing to take the risk but it is quite the task to actually get through that quick.

Hi AllHope you're staying healthy and safe. Was wondering if anyone knew how to model out the prepayment penalties lenders have on MF properties? Yield Maintenance and Stepdown. The spreadsheet I'm using doesn't take ...

@Snehann Kapnadak not knowing anything about your model (other than it's in Excel), its difficult to provide specific, formulaic-type guidance.

I just want to know how to analyze like how to find out if the demand is high, how do you know if homes are selling fast, how to find out if demand for property in any area rising or falling or how to find out if a neighbourhood is hot or not, I've discussed with a lot of people and they recommend me to use city-data.com which is an excellent website to know about the market but even in that website I don't know what to look for like if the population is 20000 in a city is it good or not or what it should be or what should I type in google to know about a specific market or place?

I just want to know how to analyze like how to find out if the demand is high, how do you know if homes are selling fast, how to find out if demand for property in any area rising or falling or how to find out if a neighbourhood is hot or not, I've discussed with a lot of people and they recommend me to use city-data.com which is an excellent website to know about the market but even in that website I don't know what to look for like if the population is 20000 in a city is it good or not or what it should be or what should I type in google to know about a specific market or place?

I just want to know how to analyze like how to find out if the demand is high, how do you know if homes are selling fast, how to find out if demand for property in any area rising or falling or how to find out if a neighbourhood is hot or not, I've discussed with a lot of people and they recommend me to use city-data.com which is an excellent website to know about the market but even in that website I don't know what to look for like if the population is 20000 in a city is it good or not or what it should be or what should I type in google to know about a specific market or place?

Pennsylvania, Wolf (currently on appeal to the US Sup Ct - Justice Alito ordered the State of Pennsylvania to file their brief by 12:00 Noon ET today - Incidentally Devito may have National implications regarding efficacy of Governors denying Constitutional rights during the pandemic).In some jurisdictions, like CA there is excellent authority favoring policyholders.

@Derek Jackson There is some excellent advice on this thread already. 

This year (2020) I attended The Best Ever Conference in Keystone, CO, which is an excellent event that Joe Fairless host's every year.

@Kati Finneran Hey Kati...first, good for you...by using BP, and seeking advice, you are practicing risk management...this is an excellent characteristic and one that should be expanded upon going forward...second (and the following advice/statements are very general in nature as I have no knowledge of your deal's specifics or your personal situation), I would move forward if you are willing to educate yourself on the nuances of being a Section 8 landlord...there are some important government-related strings that come attached with subsidized housing...third, I would move forward if you can secure financing that is acceptable to your situation...fourth, I love the HH strategy and were I you, I would make a small investment in Craig Curelop's book "The House Hacking Strategy" so as to learn as much as possible about the approach...finally, in response to your last question, we are always looking to acquire the right investment - always!