My partner and I have been looking at multifamily properties, and I was wondering if there are any legal issues with renting out rooms instead of units and also renting out finished basements in CT or NYC?

Good locations, add value, cash flow, prudent debt, and reserves.We invest in individual properties, not the entire real estate market.

However, I'm wondering if I am missing an opportunity here, if anyone has knowledge of the potential pitfalls, or if there is anything that could be misconstrued into a legal issue.

My goal is just really to get to the place where we are financially free and have no more debts.

Sometimes legal descriptions in sales can be confusing verses actual addresses.Do you know who it is?

I'm in my early 20s, lucky enough to be debt-free.

If it's your primary residence and your debt-to-income ratio is good/great, then that's a high rate.

Advice of how to legally write the contract for wv as "subject to"

It will likely depend more on the property's debt service coverage ratio than on an arbitrary percentage. 

Hey there!I am new to BiggerPockets and I am really interested in getting involved in real estate after I graduate from college this fall. I have roughly $27,000 in retirement and stocks that I have been investing (I ...