The commitment letter had the following language;Transfers/Assumability: Subject to Lender’s then-current underwriting requirements and compliance with the other requirements of the loan documents, the Loan is assumable by a qualified transferee of the Property for a fee of 1.00000%of the unpaid principal balance of the Loan at the time of such a transfer (a “Consented Transfer”).My question relates to the terms of the loan and savings to the buyer.

You usually have to have some skin in the property in order for them to lend to you.

Both at the same time will drag down CoC by ~3.5%.So yes, in the last year we've seen rates rise by ~1% across the board, and many markets are seeing home prices that are at least 5% higher than they were a year ago.

Hello All, I have been off this board for a while, i been out of investing for a little over 2 years for various reasons (career changes, and divorce) and i feel like i am in a good place financially to invest again, so i wanted to get some opinions.4 years ago i got out of the Military and became a Realtor, i worked as a Realtor for a while, but i never really made decent money and worked my butt off, i barely managed 25k/yr, so i decided to make a change to my life and went back to school and now i am a Registered Nurse after going through a fast track education program.

I do almost all of my maintenance and what I don't do I have long-term business partners handle according to my specifications -- lasting fixes when necessary, high-quality paint that can be touched up repeatedly, Whirlpool appliances, hardwood and tile I do myself.I am on the electrical board and the outlets, I am on the roof, I am inspecting the windows, I am on the gutters all the time, I am liberal with the weedkiller concentrate, saving myself money in the long run wherever I can.What happens when you're extended from here to eternity with 75 SFR and three furnaces die in the first heavy cold snap?

Entrepreneur or just doesn’t make enough to qualify...or too much debt.

I'm not sure how the 1031 works, but will I even qualify for it?

All the boards were cupped.

Or, a duplex or triplex if you can't qualify for the price of a four-unit property.And yes, you want a 203K loan because you want the (bargain) discount that you should be getting with any fixer-upper. ie.

Multifamily is allowed in the IS zone where you own your other property.You would need to go to the Zoning Board of Adjustments and get a variance in order to add those additional units.