General interior remodeling work                                              $50,000 - $70,0002) Add for kitchenette & new bath & laundry                               $80,000 – $115,0003) Egress window well if necessary                                                 $10,000 - $18,000which is cleanly out of my price rate (to much money) and, here's another one The average cost of converting a typical basement to a legal rental unit will cost $85K - $ 95K and include:1.

Your house drops in value by half, rent doesn’t drop my friend so you will be in it for the long run but you won’t necessarily lose it.

If you think custodial account is not necessary from tax prospective, I will be very glad to drop them. 

However, she did warn me that both HELOC and DSCR rates are insanely high at the moment, but she said that it's a possibility if I can make the payments.

My rate has jumped from 4% to 10% so it's hard to find something better than 10% to make it worth it.

The current property has a VA loan with a pretty great interest rate (2.375%). 

However, she did warn me that both HELOC and DSCR rates are insanely high at the moment, but she said that it's a possibility if I can make the payments.

I've done a fair share of researching but some things I havent been able to get very clear answers on.I'm looking into possibly buying a laundromat on seller finance and I want to be able to talk to the seller and negotiate terms that benifit both of us that I can still profit with the business.I guess im looking for a clear cut of all the parts of a seller finance deal, how to structure it, and how to negotiate it if countered. example, If i put 10% down, they finance 90%, whats a good or bad interest rate if any, how long of a term, what should the payments look like etcany advice would be a huge help to not only the laundromat but Real estate in general!

As interest rate discussions continue to dominate financial headlines, investors in commercial real estate (CRE) and multifamily housing must understand a crucial truth: Interest rate drops alone will not solve the challenges facing this sector.

Hey @Trace Adams, Finding a property that cash flows with today's interest rates in Tampa is tough.