I'm going to take on this fourplex after I conduct the inspection, the only thing that worries me is that the property was built in 1964 but it has been rehabbed recently.Please understand that my statement was not a ringing endorsement of each and every Low CAP rate 4-plex, and as a matter of fact, strictly speaking, CAP rate should not apply to 4-plexes which are considered residential property and therefore trade based on comparable sales.

Some buildings have strict guidelines on rentalsWhat is your target audience for it?

Use of this information for any other purpose is strictly prohibited.

Hi Kevin Hill , how strict is that 3 year FULL time requirement in order to get a brokers license?

So now time to start analyzing deals strictly focused on that!

Hi, if you are getting a FHA loan then yes it would get flagged since that is strictly owner occupier loan.

Just strictly lease ups or redevelopments?

If you are looking for a loan based strictly on the property's cashflow you are probably looking for a commercial loan which I do not know much about.

But I definitely would not want to strictly own solely condos.regards,Chris

I am strictly talking about the basic task of setting up a single member LLC and explaining what we need to do to "stay legal" as an entity and not have it disregarded.