This is a way to state the rules are in reality the loser of the two.in your case it does not matter because your proposal would put you at 5 units which does not qualify for f/f non commercial financing.  

The source of water is most likely condensation.

Hello all - I am an out of state investor, and am exploring investing in SFH or small MFH (duplex/triplex/quadplex) in the Indy market.

If you are focusing more on turnkey's then I'd suggest partnering with one of the investment companies so you can buy a property that's been completely renovated and that has a resident already in place.

👋 Excited to be part of such a great network of investors!

You'll want to focus on securing a favorable financing deal at the refinance stage—ideally, you want to pull out as much of your initial investment as possible while keeping monthly payments manageable.A big consideration is understanding your after-repair value (ARV) and ensuring the rehab costs add value in proportion to that.

The outer boroughs—Bronx, parts of Queens, maybe Staten Island—are where people tend to have the most success, usually with multi-families.

Welcome to BP Frank and best of luck investing!

Investment Info:Townhouse fix & flip investment. 109 W 132nd St, New York, NY 10027, is a meticulously renovated brownstone townhouse situated in the heart of Harlem.

I'm a 100% committed student of the real estate industry.