Is he amenable to cash for keys?

There are multiple properties that are listed that can be purchased with less than $50K in cash, with assumable mortgages, in the 4-5 bedroom range, for less than $550K. - Look for properties with a large backyard and/or detached garage that would work well with an ADU and learn the ins and outs of the new CO laws that essentially have rezone most of the state to require approval for new ADU construction.- Underwrite the property to breakeven or small positive cash flow as a standalone long-term rental to a single tenant.

Many on here are familiar with the platform, as it's a great way to juice cash flow and the city looks much more favorably on it than AirBnB since Padsplit provides much needed affordable housing. 

They will sell their home and parents home and with proceeds provide a down payment, The rest of amount would be a lease-purchase.

Hi Team, Looking for feedback and ideas on how to leverage equity in a 3 unit building without doing a cash out refinance?

I think in most of these areas you'll need to ensure your cash flow is sufficient for multifamily and you have a path for driving valued through increased NOI via increased revenue and/or expenses.

In my experience the basics for a functional RE based CRM are:Custom Fields for Data Objects (Leads, Prospects, Applications, Buildings, Units, etc...)A Screening Engine (background/credit checks, employment verification, etc)Online Rental Application (this should automatically run the application through screening)Ability to mass email/sms leads and tenants to provide informationSurveys/Inspection formsI've been building real estate CRM tools for years.

Purchase price: $596,000 Cash invested: $177,000 This property is a five-unit multifamily building situated on a 7,800 square foot lot.

I am thinking that perhaps we could insure building and operations separately and that might open some options in insurance providers.

We have $100K plus in equity in the property, and $40K cash.