there are few other things but i will start with those, i rented my co-op for a while and it work out great :)i am in the bronx, we can talk sometime if you like.RegardsEva

for a newbie, planning to buy 4-6 rental apt building in the near future, actually looking, waiting to be sure the deal is good and will work out, Anyone have a opinion as to whether I should upgrade to pro or basic pro membership?

You'll get hung up on, laughed at, have doors shut in your face etc... but at the end of the day as long as you've researched thoroughly and know your numbers it will work out.

Side note:@Pete Nater how did your indy turnkey property work out?

With 2nds, many times we'll get a workout negotiated post FC sale, or we'll just rent it out, with us paying the 1st as a subject-to, or without paying the 1st and keeping the rent until the 1st forecloses, it's a business decision at that point.Best,Dave VH

It's probably a waste of time to even bother asking the seller to carry, it would be just crazy if they would work out some terms that would work for both of you.

To your original point of tile floors: Tile is obviously the best choice for wear, but it is also the most labor intensive and less preferred than wood.

. :-)So, what this means in terms of the question above -- I would highly recommend reading and studying intensively until you are *comfortable* with the idea of jumping into a project.

Otherwise their guidelines say 6 months for a cashout.Still more money in this particular property than I wanted in my acquisition stage, I'm also trying to work out a private mortgage that I could do a rate and term refi on but I'll have to see if that works out.

Either way, there are ways to work with the selling side of the equation to work out something that benefits both sides.