We need this house rented to lower our DTI.We want to buy small MTF in the future to househack in CA using low downpayment maybe FHA loan.Thank you in advance

This is extremely common in the Detroit market, but it seemed very odd to me initially also.You simply put an inspection period in your offer so you can walk it and decide if it's for you or not.In terms of rent rolls, etc. you may not be getting a response on this for the same reason.

Taxes were low and the tax buyers typically didn't buy those fifas because they knew that owners had abandoned those houses and they'd just be sitting on those fifas. 

Not sure if things have changed but saw the prices of multifamily to be very low...drastically lower than NYC for sure.

This is essentially anything that is not considered "Low density" residential.

I have worked for and with billionaires and hundreds of mult-millionaires and rarely do they go to this extreme.

I don't want to have to refinance due to a very low interest rate on this property.Are there other suggestions if quit claim deeding this isn't an option? 

Beware of anyone on social media offering 100% financing at low rates.

Quote from @Bonnie Low: You'd have to provide more details for anyone to give you a helpful answer.

Hi there,Me and my two partners are growing our buy/hold portfolio in Jackson MS, but are looking to take cash out of our current rentals so that we can invest into new properties. 4 of the 5 purchases were in 2023, so we're fairly young in our journey.Issue that we're running into is that most lenders tell us that the value of our houses are too low.