Funny thing is that the agent saw how much I liked it and tried to buy it herself but then last minute her money fell through so she came back to me and I had 2 weeks to buy it before probate got involved.

Petersburg FL) with the "low income" I'm making (around $4,200 per month) at my job, it's proving difficult to find a multi family property that I can afford with month to month tenants or with 1 vacant unit.

This is based on a few dozen private lender programs that I utilize for my clients.o Rate buydown ratio: Current norm is a 4:1 ratio, or 1% fee for 0.25% off of rate.

This way my average becomes less than 7 days per stay.At the end of the year I assume to use the short term rental loophole I need to provide Airbnb proof that I averaged 7 days or less.

That will be your main sources of funds...and typically you and your friends will need to invest $50,000-$100,000 per person. 

And it's not just content, she keeps you accountable to take action (right-sized each week so it's not overwhelming), and to network with your peers in the program, as well as your circles outside of the program to establish yourself as an investor with integrity to attract quality private money lenders.Key highlights:* 6 weeks with 1 class per week, and some bonus classes - every minute of each class has been worth my time* engaged community members via Circle, many I know I'll stay in touch with* purposefully small group, allowing Soli to provide dedicated attention* having access to Soli - she reviews all posts and homework assignments with great care, and her feedback is SO valuabletools to CASE (Copy And Steal Everything) and systems to scale - ex. pitch deck, email templates, BRRRR analysis, and so much more* practicing your pitch at the end!

If the brokerage fee is owed to them if you buy any property, even without their assistance, then you owe that brokerage the full fee specified in your contract.

Another option you may not have considered is to work with a developer and build a multi-family property in a desirable area, leverage ECO construction benefits available ($5 to $15 per sq. ft.) and cost segregation and bring in a management company to manage the property once it is ready for occupancy.

. $800 a year in franchise tax fees is my no means sufficient to buy liability protection from a determined litigant.4) Would you hire an environmental testing company to test the land (to which you have no legal access - but I doubt the dead guy would call the cops on you) once the foreclosure process has progressed well enough, but before it's conclusion, so that you tell the lawyer to stop foreclosure in case some major contamination is discovered?

What does the demographics look like, is there new construction, what's the average revenu in that market/zip code, Price-to-rent ratio, average price per asset you are looking (example SFH), average rent, etc.