Purchase price: $195,000 3RD RENTAL PROPERTY AT 25 What made you interested in investing in this type of deal?

I do commercial development in Florida, focusing on St.

In some cases the cash flow may interfere with a choice so we go with the property with the most equity.

Hello awesome BPs I am in the process of buying a SFH in montgomery county MD.

Good afternoon, I just closed on a multi-family property (4 plex in an older home) . 3 units are rented, 1 is vacant and there is a shared common area for laundry.

I've done it all... buying tenant occupied, doing BRRRR's, section 8, doing full gut renovations, etc.I also help clients do these things from out of state.I lived in Troy (just outside Detroit) from 2017-2022 but I'm back in California now.

It may not entirely make sense to go from a 30 year mortgage to 15 year mortgage if your debt to income ratio is tight in any sense.

Here's an article with additional FAQs on cost segregation studies that you may find helpful.

But if a tenant defaults they have a right for due process to contest the eviction.We see people try and do this with having a borrower on seller finance sign the deed back over to the lender and if they miss a payment the lender can record the deed back into their name.

The few lenders I've reached out to in my area (local banks, credit unions, etc.) are only working with primary residence for Helocs or Cash Out refi.