Hey Ian,I have a 100% occupied, 47 unit complex waiting for the right investor in Longview.

Also, if you have tenants in place, you'll have to wait until your leases roll over to implement this charge; however, I would think you'd have to do the same if you sub-metered and wanted them to start paying for their own water.

I found most banks I spoke with wanted me to wait 6 months to a year.

The point is that you might have to wait a while before you get the property at the price you want to pay.

There are thousands of off market REO’s out there.

But also it seems to me that you are trying to combine 2 strategies but those two to work in your case you would need to extremely add value to your property or wait to pay off a large amount to make it worth the cost of the closing costs to refi.

You’re better off losing the property than financing it wrong and losing hundreds, if not thousands of dollars.

When I contacted the back, they said I have to wait for it to be listed and they’d give me no info on the status or the mortgage.

Should we wait until we have saved enough money for a down payment on a multifamily or just purchase purchase single family home as our primary residence with 100% financing?

If it’s more than a couple hundred bucks or thousands it’s not worth it.