Pay attention to interest rates, fees, loan-to-value ratios, and repayment schedules- Have a clear exit strategy.

I will have capital gains at the long-term rate of 15% for my first and second interests acquired, calculated as the present value the condo will sell at, minus the stepped-up value at the time I acquired each interest.B.

Assuming you find a tenant within 30 days of him leaving you send his deposit to his new address minus any repairs and any pro-rated rent until the new tenant moves in. 

Got a great price and decent rate with DSCR loan.

Hello family,What zipcodes in East coast are best for multifamily in this current climate...in terms of occupancy rates, cash flow, appreciation?

If you're planning to hold and rent it out, you can refinance  to get a better rate after some months. 

Most of them are rated to survive in double digits, but when you to singles and negative it gets dicey real quick.   

If anyone in the D.C. area wants to meet up for coffee, I'm buying! 

Well worth your time to be on, and you get to meet an amazing host!

DSCR just has higher rates and if you overestimate the rents and underestimate the repairs or maintenance, the deal goes south quickly.