Your tenants will be neither the best communicators nor the sharpest tools in the shed.

@Karina TorresWhat’s your score and what’s your income then we can help solve your problem .. owner financing is always an option and if you know what your doing it is a very powerful tool to accomplish your goals

Slightly worried with the listing description saying "(Property is being sold in as-is condition, buyer is responsible for the use and occupancy permit)". 

I can't tell you how excited I am to be apart of this forum and how much I've learned in just two days of listening to the podcast and practicing with the online tools provided! 

Social media is a powerful tool that can be used for, and against you.

It sounds like at the end of the term, the loan is callable, and based on the performance and what the market looks like, can be refinanced or will have to be sold or paid in full.

He informed me they were recently sold for 1.8m.

Any real estate agent on your mls can look up the historical performance of multi family units in Oakland and tell you which agents are selling a lot of them or agents who have sold them near you.

If you sold at a 7 cap with 105,000 NOI that is about 1,500,000 evaluation taking away closing costs and commissions about 1.4 and then take away maybe 75k for renovations leaves 1,325,000 so about 225k gross profit.

He disagreed, wrote a detailed report and recommended action, it cleared inspections, sold fast, and was guaranteed against future movement for $14,000 less than the other companies said.