.🌱 Long-Term Vision: Multifamily investing isn't just about quick wins; it's about long-term growth.

You can only change the terms of the lease if all parties agree.If you buy a property and the tenant is on a month-to-month lease, follow your state laws regarding month-to-month leases.

Credit score is about 760. 25 year term with a 5 year draw period.Option 1 using max line of credit:At the max loan to value of 89.99% the interest rate increases to 11.5% This is prime of 8.5% + 3%.Line of credit amount: $140,000Estimated interest only payment: $1,245.83Estimated full qualifying payment: $1,489.04Option 2Dropping the loan to value to 80% to decrease the rate to 10.5%.

I have found my niche in "medium-term rentals."

We can't build as much in the northeast, so as long as there's demand on a Micro scale in the northeast values will hold and young people should be purchasing a long term fixed payment asset. 

Self-managing properties also means you'll want a market that's not too demanding in terms of tenant turnover or maintenance issues.

There's probably a little pain in the rent growth this year and rent has probably not caught up with sales prices yet, but market still seems good for the long term. 

I generally have been researching small multifamily properties and single-family homes for both short and long-term rentals. 

.), but they should be able to give you an idea of general terms (interest rate, amortization, fixed period, etc..) with some basic information.

My focus centers around data acquisition, city relations, and the art of deal sourcing and creation.I'm eager to connect with investors who are seeking long-term partnerships on our ventures.