At that point it had been sitting for awhile so we ended up getting it way under asking!

Your specialist must find a reliable source for the estimated cost and clearly document the source within the case study.

That's up to the lender, but many don't care for layered structures.

Are your long-term renters just now catching up with the market?

@Lucas Helliker I am a multifamily broker who only sells multifamily in the KC metro - typically 5-50 units but go as low as 2 and up to about 72 units.

The lesson I learned is the lesson that most everyone shares: renovations will take longer than expected. 

In 2008 the average property value fell 40% + .Here are some rules for passive investors that I have come up with through the years1- before investing in syndications determine if REITs can satisfy your investment objectives.  

Those products do exist.Here's some tips on how to find lenders that write this in Texas and for everyone else just in case it get's researched.1.

., the latest "guru" lawyer just rolled through town convincing the tin-foil-hat crowd that everyone is coming after them, and they need to pay him to arrange privacy and asset protection.

I opted to go the HELOC route instead.