Account Closed That sounds about right for a small house with a granny flat in that area - I wouldn't say it's overpriced.  

Rehab should be around 1500-2500 in your state for a small bathroom.

Maybe someone on here that is there will go take a look as a consultant for a small fee to be your unbiased (eyes and ears) on the ground there.

We first reached out to originators for Freddie and Fannie and were told that the deal looked great and we should be able to get the following terms:-Non recourse loan, 80% ltv-30 year amortization-10 year fixed rate-4.25-4.5% interest rate-Interest only payments for the first two yearsFreddie has since come back and passed on the deal due to our market being too small and the age of the property (1984).

I saved most of that, I have a small 10k loan at 8.5% interest rate that I got unsecured from a credit union.

Univest claims that the mortgage amount is too small for them.

I've found that it is zoned RT1 per this: https://www.stpaul.gov/departments/safety-inspecti...However, it doesn't seem to mention a triplex, especially if it's in a home in a residential neighborhood and not a small building.

So what you'll do is find the "community" tab on the top left of your current page, click on networking and then it'll pop up with a small list of them.

You can still get a small multifamily in that ballpark, and can potentially live for free.

You have to live at the property for an undefined period of time, this is ideal for small multi-family as you can acquire the whole building with no cash down, live there for a while and still rent out the other units.