The properly sits on a large 28,480 square-foot lot zoned for office, creating the potential for re-development as a medical office expansion.

The current market conditions have made properties quite expensive, potentially leading to a scenario where I'd have to cover monthly expenses out of pocket.

I have been discussing with a friend a potential arrangement for buying a multi-unit property.

., interest rate, down payment, loan term).Calculate Gross Rental Income: Determine the total potential rental income the property could generate annually.

Is this a poor strategy considering the potential market downturn?

@Jose BotelloThe idea of selling your current home and purchasing a duplex as a way to start your investment journey is a strategic move, especially with the potential to generate rental income from one side.

So, bring strong evidence supporting the property's potential value.They prefer experienced borrowers or teams.

Factors like high equity valuations, tight labor markets, and government spending are cited as potential contributors to inflation.

If you want to protect your friend's capital as if it were your own, you'd want to:1) Secure the loan with real estate in the form of a deed of trust or mortgage (depending on the state the property is in)2) Obtain property insurance binder with your lender as an additional insured3) Obtain a lender's title insurance policy protecting them (different than an owner's policy) and transfer all funds through an escrow closer or real estate attorney (depending on the state, the requirements for closing may differ)4) Use a real estate attorney who also practices private lender law in the state the property is located in.

Researching similar rentals and noting renovations in your listing can attract potential tenants, with room for adjustments based on demand.