Multifamily deals are a whole new ball game – it's a common misconception that you can just scale up your single-family approach.

They accept financing so all cash is not necessary and we are asking them to paying for closing costs. 

I'm simply offering an alternative viewpoint based on the current market conditions and the heightened competition.It's easy to tell people to put sticky notes on someone's door, but what is the true cost and benefit? 

Here’s a little secret: creative financing strategies can be a game-changer.

Plenty of companies can do a AML check and you can make that cost as part of your origination process.As a FYI, we had someone fail a AML / KYC check because they were a former drug runner in a cartel.

Replacement cost approach: Used for things like insurance to determine how much insurance you need if for example the house burns down and needs to be re-built. 2.

However, the overall cost of homeownership will remain high, influencing buyer preferences towards more affordable properties​​.Rental MarketThe rental market in Birmingham shows a trend with year-over-year rent prices increasing along month-over-month prices rising slightly.

Timing the market is a fools game. 

This can be advantageous in making offers to purchase more competitive, allow buyers to be more aggressive with purchase price and reduce closings costs.

That could (Could doesn't mean does) mean mom is showing on title to Wells so, she would have (could) reason to pay the loan off to avoid losing it in foreclosure, if that is a viable option.It would not appear any solution is without cost.