The house is already paid off and they are preparing to sell the house.I don't have enough money saved for a downpayment right now, and my credit is average (I've been using credit a little more over the last year investing in launching my online health biz + in educating myself about real estate investing).So.... here are some initial thoughts I had: - see if my dad (as the executer of the estate) would hold the note, and I could make monthly payments to him as if he were the bank - then when the time is right, refinance and pay him/the estate for the house- ask if he'd lend me some money for a downpayment or co-sign on a mortgage so I could take over ownership of the property, and then pay him back over timeAny other thoughts / advice would be much appreciated!

He is the expert on 1031 exchanges and just launched a book on it which details common questions and scenarios very well.

It increases rates to a degree that I don't know if its truly worth it or if I would even qualify for a commercial mortgage with a newly formed LLC.

The demand for the newly renovated units exceeded my expectations, and I was able to secure reliable and responsible tenants for each of the four units.

And Fannie will go to 85% LTV on a SFR investment.Big risk of course is that the seller bails on the buyer, and/or turns around and sells their newly improved home to someone else.

I am getting ready to launch a property and have 4 cameras around the home, one of which faces the pool area.

Hello all - I (and a couple colleagues) are working through launching our own real estate fund to invest in multifamily properties.

Average rents for a nice shape but not newly rehabbed 2br 1ba, 3br 1ba? 

And why do you want to pay off the mortgage on your newly purchased house?

I have tried lots of things to help; posting on additional sites, opting to allow pets when I didn't initially, lowering the rent by $200; lowering the cleaning fee, etc.Opinions welcomed and I know this is dependent on a lot of factors.It's a 2BR 2.5BA townhouse, lakefront, convenient central location, safe neighborhood, completely and newly furnished, TV's, W/D, fully stocked kitchen, king size bed, deck and balcony overlooking lake, professional photos, video walkthrough.Utilities all included along with furnishings.MTR, so month to month leasing option.I initially listed it for $3000/month, then lowered it to $2800 a few weeks ago.Is it too high still do you think?