Generally a bank will loan you 80% of the total value of the home after an official appraisal is done ( which you have to pay for ).

I just recently had a baby and wanted to post that as a way of basically saying sorry for the hiatus, but this is what’s been going on in my personal life just to kind of “announce” my return to posting on my social media and also give it a touch of personal appearance as well, make it relatable.

No official cap rate or NOI yet.It's a triplex in a gentrifying town.

Private lenders are never officially "locked in". 

Average Morgage rate in 1980 was about 16.5% average last yea was around 3% if you borrowed 800K at 3% interest you pay 24K the first year in interest if you borrow 100K at 16.5% that’s 16,500 officially which I believe to be understated the inflation amount since 1980 is 240%. so the interest equivalent for 1980 for a house would be 39.6K in interest compared to 24K today or around 40% less expensive for a loan.

I’m a chiropractic student that will begin in Fall via online learning until at least January (maybe longer if they announce my Winter quarter is online as well) after which point we will move to Portland for 2.5 years for Chiropractic school. 

Biden just announced a proposal to cap tax benefits for 1031 at 500k.

I assume she is concerned about placing him on the lease officially.

What you hear on the official news you have to flip 180 degrees.

To proceed in complete asset division of this and keep it fair as possible (without professional legal involvement)  it seems like it might be best to have the property independently appraised (this would be at your cost it seems, as it's on your end to choose to buy out brother if I have it right) and move forward with this information as an official sale- moving it into a land contract maybe.