In either case, the cap rate to focus on is the acquisition cap rate which represents the UNLEVERED year 1 cash on cash yield you will receive before introducing debt payments.Given the current cost of capital, introducing -7% debt against a -4% acquisition cap rate will surely trash your after debt coc.The only way a 3 or 4% acquisition cap can work is with a healthy value add development plan.

With real estate typically moving in 8 year, cyclical circles-  we should have seen a more balanced market from 2018 to 2020- but, nope!

I typically have some type of disclosure in the agreement written up with tenants on this type of situation..

Rezoned multifamily land trades for minimum $120k but typically as high as $175k once entitled.

Hi - I have a single family property in Calera, AL and a tenant with whom I've reached an agreement for them to receive reduced rent in return for doing substantial work on the structure.

In my experience, your typical real estate agent will probably know about most properties 8 units and less, because they are almost always listed on MLS.  

You know that the property is correctly maintained and that you will not receive any citations from the HOA or city. 

The draw back to these loans is that they are more paperwork heavy than the other "portfolio" types of loans...they have more rules...but if you have ever received a loan on your primary home, it's likely that you will go through the same type of paperwork here with conventional lending.

After viewing properties, potential renters would receive programmable follow-up questions and even be given follow-up questions to determine their level of interest.

So, for example a $500k sales typically includes 5% ($25k) in RE commissions (2.5% to each side).