We will likely be moving late summer/early fall timeframe.  

Of course, if the numbers don't add up there's never any respect lost from walking away from a deal that doesn't make sense and moving on to the next. 

Most multifamily in our market sold for a 5.4% cap rate in 2023, and that would price it closer to $560,000.Other things to consider for your offer: FHA financing requires you to move in within 60 days of closing.

Hello Everyone, I am moving to the Washington State Seattle area for a new job opportunity.

If you use this type of interm financing that you can go in and out of, without fees or requalification is the least costly way to move forward.

I've sent her the 30 days vacate notice a month ago and we have agreed for her to move out this coming April 15th.I have a potential tenant who wants to see the room for rent.

Once the year has passed you can get another FHA loan and move into the 4-plex.

Utilities have been pretty finicky so I finally have everyone moved to a flat fee, which not being on a flat fee caused some hairs to raise with the middle tenant. 

We looked in Elkmont for a rehab once, but were not sure enough of the LTR market to move forward. 

I have the exact problem which leads to very funny problem, we do have strong buying power but the bank can't move forward due to their own miscalculated DTI lol.