Share your next-best value-add REI cons upcoming in then next 6 months  (please!).

Quote from @Dennis Knapp: they are offering 5% down and 5% fixed rate just seems to good to be true i am researching them now. 

You could just have her file a Quit claim deed and leave it in your name only instead of an LLC.

Purchase price: $2,800,000 Cash invested: $560,000 The property is a three-story multi-family residential building with six independent units, initially facing significant challenges due to poor conditions.Renovation Investment Summary:- **Structural Repairs:** $250,000- **Kitchen Modernization:** $100,000- **Bathroom Updates:** $50,000- **Exterior Improvements:** $100,000- **Holding Costs:** $50,000- **Property Taxes:** $30,000- **Insurance Costs:** $10,000- **Management Services:** $10,000

This ties up the seller’s property with no real deal in sight.3.

Hi Ownn, did anyone reach out to you in the 3 years since this post?

If they decide to move out you can do the remodel. 3) are the tenants in any kind of financial situation to buy the property?

I imagine there may be steps to take with the city upfront to determine if in fact the ground on the lot can be built on, but some general guidance or tips on best place to start and what to expect throughout the new construction process in Buffalo.

The home was a bank foreclosure from a reverse mortgage.

In the off cases of 10-15% of our FTHB'ers they'll end up proceeding with the DPA low to no down programs.Hope that helps.