We do not plan on getting it inspected as it will be expensive and cause issues down the road.  

That is the true risk of these structures and to not at the very least acknowledge those potential situations as a practitioner of these instruments is a very vain characteristic of the promoters of these things.The point is, the road to hell is paved with good intentions.  

We tell them that it's unrealistic but the client is confident because they have some sort of a non-binding LOI.A month or so later the client gets retraded at commitment and are too far down the road to do much about it.

For a limited time (while the VHDA has sufficient allocated funds remaining for the program) the 3% can be "gifted" by the VHDA to the buyer similar to their traditional grant programs.If you're thinking about picking up a single family to live in and the rent out down the road (it is required that this loan be for a primary residence) give me a shout or PM and I can connect you with a great lender who can go through the program details with you.

The deal: 2 separate 5 acre parcels (not contiguous, but on the same road and on the same well).One 5 acre tract has a small, very old house and 10 older mobile homes (1 belongs to the on-site, long-term property manager).  

Hi everyone,What would be a better road to take to achieve the goal of earning $500k/year after expenses. buy and hold multifamily or getting out of multifamily and buying apartments?

If I treat the transaction this way, if/when something comes up down the road, and I agree to it, the tenant gets more of a "by my good graces" impression than "through our mutual negotiation" impression.

I’m start up doing prelim research, looking at a construction company that also invests in RE down the road which may have employees and other complexities, or operations, risk, to make a LLC more appealing.

Put your seatbelt on because it sound like this residents is going to take you for a ride down the time/money/stress road.

I've been down this road and it has never worked out for me.