I purchased my first property in Tampa in 2019, and it has been a long-term rental over the past year.I am currently looking for my next property, which I want to be a BRRRR/house hack.

So, first step is to determine what the BIL wants out of his half.

Hi all, I just received the below term options on a DSCR new purchase loan (780 credit score).

Purchase price: $800,000 Cash invested: $80,000 Primary residence with an ADU What made you interested in investing in this type of deal?

Purchase price: $710,000 Cash invested: $142,000 STR in Wheat Ridge CO What made you interested in investing in this type of deal?

The problem is the water usage is for 4 units and determining how much to charge a tenant for an overage is tricky.

I do have a Commercial Fix and Flip Program that will provide cash for the acquisition and to Rehab the property.Once it's stabilize we can secure Permanent Financing and take out the bridge loan.Multifamily has, by far, the most interest in CRE Financing world, if it's a good enough deal we can get you the financing but I refuse to make bogus promises about what is and is not possible.If you DO NOT have the cash to put down on the property there a few creative financing avenues which may be possible if you have a motivated seller that is willing to work with you on terms.The 68% occupied property would be most fit for creative financing because there is clearly something going on there with the current owner.You can look at a master lease with an option to buy or doing a wrap combined with a seller second... the only thing is that the seller is highly unlikely to accept those scenarios.Now... there is one "highly unlikely to happen" scenario where you could technically get 100% financing but, again, the seller would have to be out of his mind to say yes.It entails a Hard Money FIRST MORTGAGE of less than 50% of the "Quick Sale" value as determine by a BPO... this would serve as your down payment.

Hey All - we recently purchased a multi family unit in the St.

Given that purchase price is low it is hard to use the property as collateral.

Hey Catherine,We classify it as a 'Delayed Purchase' and set it at 80% of purchase price.