I'm looking seriously into this strategy.

How did you find this deal and how did you negotiate it?

There might be a product you can treat the line with to help slow the process down. 

Hi Mohammad, glad to have you as a part of this awesome community!

This amount aligns closely with your rental income after expenses, so you’d be cash-flow neutral or slightly positive.At the end of the five-year term, you could aim for a balloon payment based on the property’s future value, which should appreciate by around 4% annually.

With that being said, I am looking for some insight and help in developing my budget and plan for this project.

I also help manage several small portfolios for family members with properties in Austin TX and Juneau AK and will be purchasing about $2.5m in additional small multi-family properties in Austin TX and/or Juneau AK by the end of the yard.  

This would only leave me with $41,000 to bring to closing + closing feesJust make purchase price $421,000 loan would only be $336,000.

I’m sure this is an easy one but I am new to this strategy.

In Minneapolis, the Downtown East Commons Park, initially built for Super Bowl LII, has helped attract office buildings and residential developments.