Mortgage occupancy fraud is at an all-time high right now and lenders are watching this like a hawk.

Some gurus go as high as 70%, IMHO that is too high, leave some cushion for your private money people to sell in case you get hit by a bus.

Assuming a required rate of return of 5% (comparable to high-yield savings or a CD), the deal would need to yield a total CoC return of 10% (since everything is split 50/50).I'm stuck because while playing around with numbers, achieving this return seems improbable if not unrealistic.

There will typically be a lot of offers on the place unless the condition is no good or the property is priced high, so you need to communicate everything.4.

It also has an unusually high concentration of 2-4 family multi-family options to make your dollar go a little further, if a duplex or fourplex is your cup of tea.

There's a high likelihood that family dynamics will come into play.

Since the interest rates are high right now and prices pushed back a little bit I thought about doing an owner finance on a five year balloon.Thinking about paying it off in full and then turning around and doing an owner finance at a value somewhere between its current condition value and the ARV.

Also love @Patrick Allen's reply mentioning.(1) HELOCs on primaries are easier to obtain(2) High rates may make cash flow difficult unless there is a clear & compelling refi strategyItems I'll add from my seat.(1) Although rare we(Lower.com) offer HELOCs on investment properties, but the terms will always be better on primaries.(2) If you're moving into the next home, needing to only put ~5% down doesn't leave you very exposed to the higher rates of a HELOC.

You are correct that prices are high, it's also good to know that 2-4 unit properties are extremely popular at the moment.

I gave him a bill for the damaged ceiling, he said it was too high and will not pay that amount.