Other option would be to purchase the property and have the seller carry the note.

I'd be very confident offering lower than you normally would on these because of that risk added to the fact that materials for repairs will be more expensive in the short term due to lack of supply.Please keep us posted on what you learn and how this works out!

(buy essays) So is whatever you pay to safeguard your properties against flame or surge, or the expense of risk protection for your organization.

However, most smart people will tell you NEVER allow a seller to stay after closing.Who cares what the seller wants... your very real risk is a holdover tenant who could destroy the place once he figures out he sold for $130k less than value.

If it passes I suspect people will carry the costs for 6-12 months before seeing it bleed them dry.

As opposed to most office buildings, having so many units spreads the vacancy risk out just as well as the MF building.

If you are not paying rent then doing that and carrying your own weight at home will relieve some of their stress. 

As a rule of thumb, the bigger the renovation, the bigger the risk, and a full gut sounds like a big renovation.

Why would anyone want to loan money for a business you're new, when they can give that same money to a builder who specializes in this thing. sure the numbers may work, but it's a lot of risk to a bank to take on construction loans. so its' not so much that this isn't a deal worth doing for you, it's just not a deal worth doing for a lot of banks. a 4plex is not a great asset for many banks either.

The high end flips look fun, but the risk is tough.