You would be borrowing pre-tax funds and paying loan back with after-tax dollars at 5% that you could invest in tax-deferred environment and grow your wealth at 10%+ rate (there are many opportunities that would allow you to earn at least that such as private lending, syndication, note fund, etc).

Hi @Nicholas Lehman , There's been some very good opportunities in the single family space for that last 2-3 years.

We offered tenant the opportunity to try to clean the carpet but they concurred that it had been destroyed in a year.

My gut tells me that you'll eliminate a number of possible good opportunities using this method.Alternative: Investors with expertise in certain markets can quickly determine whether or not a property is worth pursuing based on its price per 1 bed unit, 2 bed unit, etc. 

. - Buy using hard cash, - Refinance my other properties to get the cash back + get the rehab fund, - Rehab of $30,000 to increase it's value to around $230,000- Rental units of 50 units with nett cashflow after expense and mortgage of $1200- Repeat: finding another opportunities with the extra money that I got from refinance Conclusion: I got the property with 0 cash invested (though short term cash is needed & using other property for refinancing), get $1200 / month (still in progress).

Opportunity How did you find this deal and how did you negotiate it?

New IRS guidance and proposed regulations were issued yesterday for Opportunity Zones!

Also, this will give you an opportunity to address deferred maintenance.

I have an opportunity to purchase a multi family property from my landlord.

Will this hinder my rental opportunities significantly?