If you feel lost in the process then yes you should bring someone in who can hold your hand through the process, but if you feel like you have a handle on the transaction then I wouldn't add an agent into the mix because it will cost for their help.You could get some help from your local real estate club or find a mentor that will help you for free (you can buy them a small gift for helping you) but there are a lot of smart, experienced people who are willing to give you a hand if you get stuck.But if you still feel like you need some to take you through the process step by step then get an agent.I hope this helps and good luck :)

>> If you sell the 4-plex to a Buyer who plans to live in one of the units, the sale may be treated as a principal residence transaction in your state.

After at least ten different incidents where the "zestimate" was off, the asking price had either been lowered at least a week or more earlier, simple things like square footage were different from the MLS listing, tax assessments were incorrect, and estimated rent was pretty different from real time evaluations by my RE agent, I have finally decided I may be wasting my time...Does anyone on BP actually use Zillow effectively?

You might be able to do transaction financing where they loan you money for anywhere from 1 to 30 days, but it depends on what type of retail buyer you're dealing with and what type of loan they're getting.Transaction financing is hard money but if it's the only way to get a clean transfer then it is what it is.Hope this helps.

I'm glad you were able to find a cost effective solution.

Residential Assisted Living (RAL) is taking off NOW.Self-Storage has and continues to grow, a side effect of more people renting multifamily rather than buying homes.Multifamily value-add continues to soar due to demand also by millenials and empty-nesters seeking less work on the house and more flexibility to spend money on travel and exeriences rather than stuff that chains them down. for us RE "investors" it's the ticket to syndication, scalability and leverage.New multifamily buildings with modern concepts with mixed-use living (offices/co-working spaces, fooderies, mixed age and walking distance living with innovative rentable electric scooters, bikes, car chargers, and light rails) all in one beautifully assembled arrangement is what attracts 12000!

If you are just going to wholesale the house, then you need transactional funding.Private money is money from an individual investor.

Do what is cost effective for you and roll the savings into the next deal, unless your planning on living there a long time the investment would be better.

However, when I sent the contract over to my lender, he informed me that there were some changes coming from Fannie in 2014 that will make it more difficult to go with a conventional loan with 5% down on an owner occupant duplex.So my question for the BP community is, what do you know about the changes coming in 2014 and what effects will it have on a young investor like me who wants to start with an owner occupied duplex?

Did you use a particular mailing list that was effective, or was it through networking, or something else?