.$100k is enough to do BRRRR's in the Detroit market.

However, but is it market to enter into an agreement with a property manager on just a lease transaction?

It was a seller direct off market.

Hello Ilya,Where are you looking at purchasing your 1st property.When converting a property from a single family to a multi family, you will need to check on the zoning requirements, depending on your location, not every location has zoning.As far as lending goes, it is far easier to finance a single family up to a quadplex, than financing 5 plus units, the DSCR Market for 5+ units is extremely low right now, and there are few if any lenders in that space.For financing 1-4 units, there are Millions of dollars chasing those loans, so you can easily obtain long term financing, at rates between 5-7%.Please reach out if you have a property identified, and I can help you with financing options.

Should I just go back to getting the property rented out completely and then market it for sale?

It involves identifying potential risks that could impact the sponsor's performance, such as market, operational, and financial risks.

Louis as a market of interest.

Conventional lending has 2 reasons they want a borrowers loan to be ___% less than estimated market value.

I am currently pursuing a Master's in Real Estate Development and Investments and have an opportunity to study in paris for a few months.During this time, I am to focus on the office market and investment strategies.

On a recent episode of On The Market we have heard some of the best news all year for the economy and the housing market around inflation and interest rates.