I have it under contract and the closing is supposed to be by the beginning of November because of some delays with the title company.

While I have a Broker license, I've don't do any buy/sell transactions.

How do you feel about a $700k purchase price with a non owner occupied 4plex DSCR loan 3yr prepayment penalty, 10yr interest only 30yr fixed after$560k loan amount (20% down)7.750 par rate with no costs. monthly payment $3,616.66Or pay $22,295 in closing costs and get a 6.375% Monthly payment of $2,975The monthly payment difference between the two is $641.66And when you take $22,295 in closing costs and divide it by $641.66 that will give you 34.5 months (2.89 yrs) to break even if my math is correctHow do you guys feel about taking a lil less than 3 years to break even on $22,295And the seller is giving me $15,500 in seller concessions  thank you everybody for your help!!

If you have a decent equity position you can do a HELOC on the property to build the ADU.

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

Its sad that doing a "lipstick on a pig" remodel is more advantageous and buyers dont see the cost over years(foundation , electrical, plumbing, etc) issues alot of times when buying. 

Leverage Technology and AutomationTechnology is crucial for scaling, as it helps reduce labor costs and increases efficiency.

Does it matter if it is an LLC or S-Corp?

I’m planning on moving there in about a year and wanted to see if anyone’s already there and if it’s a financial smart idea to invest and live there.

My kids do love monopoly, and I think it changes your perspective on things, but are there other games as well?