For most multifamily, I'm seeing on 30 year amortization to boot.Reminder for the lurkers that this has nothing to do with single family homes, 1-4 unit residential all gets residential mortgage financing, which isn't presently as good as commercial.Odd world where the 8-unit property has a payment that is less than twice as much as the fourplex, even though it pulls in twice the rents, and has less than twice the maintenance expense (the price of the fourplex is likely to be more than half the price of the 8-unit, and more than 1/5th the price of OP's 20-unit, holding constant location etc, but that's another rant for another day).

I have seen multiple properties with low asking prices and sufficient rental income to cover the note.

We just purchased a property through a whole seller, not closed yet, but seller has given us permission to start on rehab, but is wanting to occupy the property for 2 months.

We have a handful of properties in the cape coral area that we're trying to find cheaper insurance coverage for.

If I am renting a property of mine just under my personal name do I need to set up a separate bank account and pay the property loan, taxes, insurance etc out of that separate account?

Hello,I have a client with an adult family home in Washington State, they are looking to do a cash out refinance.Here is the property info: $570,000 Appraised Value, $2829 Annual Insurance, $3,000 Market Rent, $4,200 Actual Rent, $5,175 Annual Taxes.Borrower has a 720 Fico, and owns 4 other properties, let me know if you can do this.Thanks

I’d also recommend connecting with property managers.

Or the 3% down conventional has to be for the first time ever property?

Purchase price: $28,000 Cash invested: $25,000 Bought this property in the worse part of town and I have the best tenant in it of my 18 properties.

Is there anything I need to do, or be aware of when buying an occupied property with section 8 tenants?