Sign an Assignment of Contract:      Check the terms of the contract.      

We want to see equity, seasoning, a quality borrower, and good terms. 

.- Stock market opportunity cost: If the brokerage account has strong holdings, consider if the return potential justifies cashing out now.Given the current market dynamics and your goals, reallocating your brokerage funds into a multifamily property in Rochester could provide substantial benefits.

In your experience, does one approach lead to better appraisals, loan terms, or overall outcomes?

Jimmy  - Thank you for the input, definitely buy and hold.

I, like you, am a managing partner of a holding company, but unlike you, we are heavy into the real estate space.

Here are my recommendations for you.Since you and your husband own the duplex under an LLC, with one unit as a mid-term rental and the other as a long-term rental managed by a property manager, having the right insurance coverage is essential.Your property manager’s $100K liability requirement is low.

More favorable terms sounds great to me, and I've heard this strategy before, but I'm not sure I understand how it works in practical terms.

There is a single family home that was divided and one half has been rented and an ad on small "house" that has also been rented mostly long term.

What should I be aware of in terms of fees, timelines, and potential compliance issues?