Thanks in advance.Fannie Mae & Freddie Mac are out because they both require mixed use properties to be a one unit dwelling.

Yes they are required to clean up immediately after use

Account Closed Given the seller is willing to finance 70% of the purchase price of $1.8M ($1.26M) that means you need to come up with $540,000 + settlement costs, reserves and a budgetary number for repairs unless the property does not require any improvements or upgrades.

I’m looking at executing on a 15 unit deal and using third party PM.My question for those who have done the same, how does the third party execute the various requirements such as leasing & maintenance and how much do you pay for those services?

While I understand this venture requires active involvement, I'm excited to take on this new challenge.I'm particularly interested in advice on securing a mortgage and developing a solid investment plan.

@Alexandra BermanMost conventional financing requires the property to be insurable (livable).

To illustrate the seriousness of the situation, consider this example: an apartment on Calle Princesa in Madrid, a premium area, valued at 450,000 euros and 70 square meters, will be legally required to rent for a maximum of 950 euros per month.

@Ashish Acharya, @Basit Siddiqi, @Natalie KolodijThought that a single member LLC doesn't require a separate return and everything flows through to the 1040 Schedule E?

He encourages investors to continually educate themselves, consult with professionals, and leverage technology to stay ahead in the market.ConclusionNavigating the real estate market for long-term investment success requires a deep understanding of various factors, including market trends, property management, and economic indicators.

If you have $20,000 in equity, then you can require the buyer to pay you for the equity and then assume the remainder of your mortgage.