That is how developers do the same process.

Do you want to be a house flipper?

We're over in Chicago area but do a lot of business in your neck of the woods.

So, if you know or someone you know how to do it, let’s link up, have a conversation going.

I started leasing to her about 9 years ago and the rent rate is way underpriced based on the market.

How do you feel about a $700k purchase price with a non owner occupied 4plex DSCR loan 3yr prepayment penalty, 10yr interest only 30yr fixed after$560k loan amount (20% down)7.750 par rate with no costs. monthly payment $3,616.66Or pay $22,295 in closing costs and get a 6.375% Monthly payment of $2,975The monthly payment difference between the two is $641.66And when you take $22,295 in closing costs and divide it by $641.66 that will give you 34.5 months (2.89 yrs) to break even if my math is correctHow do you guys feel about taking a lil less than 3 years to break even on $22,295And the seller is giving me $15,500 in seller concessions  thank you everybody for your help!!

Simply do not renew, which I believe Nathen was referring to 

Quote from @Gino Barbaro: @Daniel M.Dm me and I will send you over our due diligence checklist.Gino Do you mind sharing?

You do not need to wait to cash out on the new value as long as you have documented rehab work.

Is there something else I should be doing right now to help my chances of success?