I have a rental condo in a complex where all the condos have the same floor-plan (unless you have made changes since they were built) But the rental rates and sales prices can be much more by adding a washer/dryer hook up.

you say that you have two large bedrooms and two that should be offices...any chance to combine the two and make it 3 br house?

This combination makes for few distressed sales in the commercial market of income producing property.

Get passionate about something, enjoy doing it, decide how many hours you want to spend doing it every day, and find the right investment funds/work combination to suit your passion.

Thanks for your replies, I will try to answer them all.Listed for almost 30 daysRent: 2500Comps: 2800Loft/1bdrmDeposit: 1 months rent (like other units) with a pet deposit if applicable3 inquiries/showings so far- none interested Unit- Hardwood floors, dishwasher, wine chiller, all new stainless steel appliances, washer/dryer in unit, private balconybldg-24 hour doorman,fitness center, common garden patio, garage, storagebtw (this is in downtown Brooklyn)I hope to continue to gain some insightful information from this site.

It may end up being painted or stained concrete).A combination of the Allure flooring and good tenant screening should give you many years of service life.

This way my partner and I would be able to combine our funds and buy a property without a need for a non-recourse loan also allowing us to avoid paying Unrelated Business Income Tax (UBIT).Here are some of the questions I have: Suggestions for a reliable custodian to insure I don’t violate any of the IRS transaction rules and also charges low fees.Does the custodian setup a SDIRA LLC or will I need to have a lawyer set this up?

If the seller would...could you come to terms tat still allows you to cashflow in combination with the bank's terms.2) If there is existing financing on teh 4-plex;  a) is the seller open to a subject-to transaction & b) does the payment allow for proper cashflow?  

Or any other combination of down payments and purchases you want as long as you pay attention to the reinvestment requirement.

Here is some more info on each of these products: HOMESTYLE RENOVATION: Product Overview Combines home purchase or refinance (limited cash out) with home improvement financing in one loan with one closingProvides a convenient way for borrowers to make renovations, repairs, or improvements totaling up to 50% of the "as-completed" appraised value of the property with a first mortgage, rather than a second mortgage, HELOC, or other more costly financing method.Funds can be used for repairs or renovations that are permanently affixed and add value to the property.Primary residences as well as second homes and investment properties are eligible.NO MOBILE/MANUFACTURED HOMESRequired LTV's: Primary Homes:-1-4 Units-620 FICO Minimum (660 High Balance)-95% LTV 1 Unit-85% LTV 2 Unit-75% LTV 3-4 Unit- Minimum 680 Credit scoreSecond Homes -1 Unit - 90% LTV -700 FICO Minimum Investment Properties:-1 Unit - 85% LTV Purchase Only (75% LTV Limited Cash Out)- 720 FICO Minimum-2-4 Unit Investment Properties - NOT ALLOWED WITH THIS PRODUCT!