They don't want to sell their home, however, but would rather keep it and turn it into a rental property, esp. since it is in a very good school district.Their current LTV is like 20%, very high equity. 

Here’s a recent real world example. . .This deal was put together by my former student, current friend, and now successful real estate investor.Source: expired listingLocation: investor, Florida; property, IllinoisType: long term lease option via a sandwich leaseTerms between investor and homeowner:a) 48 monthsb) option to purchase price $135Kc) rent, $1200d) cash out of pocket, $0.

Hi everyone - I am currently exploring opportunities in the Dallas/Fort Worth area and would love to connect with experienced cash buyers in the area.

I am currently out of country.

There is still quite a bit of upside for this property as well current Fair market rates for Section 8 in Gary for a 3bed is 1539.

@Sarah Meade you definitely don't need to have a business to buy a small multiunit, especially if you plan to use a low-down payment loan.

AlabamaEffective Property Tax Rate (2019): 0.37%4Typical Home Value (2022): $189,9766Annual Taxes on Home Priced at State Typical Value: $702.9The current metro area population of Montgomery in 2023 is 374,000, a 1.91% increase from 2022.

.* Appraisers with lack of skill or motivation (due to their low fees received or charged) which deters them from doing the work required for an reliable valuation.* Residential properties (2-4 units) are mainly valued by sold comps and not with the income approach, since these properties are typically not purchased for their income potential exclusively.* adu/jadu's add contributory value to the property as a whole, which may or may not = the cost to build them.

Currently I own one house which is my primary residence. 

With my current software I just need one subscription and reporting splits by property and LLC.