As a real estate agent and an investor, I am on the market daily and explore opportunities for myself and my clients.

You might consider exploring refinancing into bridge loan with a rehab component.

However, in addition to this fee, there may be other costs such as title insurance, property transfer taxes and others.

People prefer to stay in their comfort zone and avoid exploring the unfamiliar.

However, I need to liquidate assets and I'm exploring the idea of selling one or both properties to an investor.

The city of Woodstock has recently amended their by law that enables all the R1 zoning house to have 1 or 2 Additional residential units.

This type of financing will typically look very different and more like a traditional commercial real estate loan.That means a DSCR calculated based on a full NOI and expense load (so inclusive of vacancy loss estimates, credit loss estimates, repairs and maintenance, utilities, management fees and more – in addition to the property taxes and insurance expense that are the only expenses factored in on traditional residential style DSCR loan financing).Additionally, the DSCR minimums are generally going to be higher (typically up to 1.25x), the loan to value ratios lower (higher down payments) and underwrite more sophisticated (which makes sense considering the size and scope of the property).Many multifamily investors for properties of this size (such as more than 11 units) can syndicate capital and have more sophisticated financial and entity structures – its definitely a different world once you get up here in unit count.In Conclusion – when you are looking to invest in multifamily real estate and finance your investment – make sure you have the unit count in mind before you start shopping – the unit range can have a huge effect on your options.

Before I continue developing, would this be a useful addition to an agent's toolbox?

amount=1...You can also invest an additional 3k/month and have $1,000,000 in 10 years at the same rate.https://www.calculator.net/investment-calculator.html?

This, with the addition of a second commission AND the potential of a passive downline, is what made me get excited about this product to begin with.