I work with many investors here in the Cleveland market who regularly use bridge loans upfront, then cash out on a DSCR loan. 

Otherwise investigate the market you want to live and buy there before you move. 

Off Market through connections How did you finance this deal?

I’m looking to get a better understanding of the market, particularly for multifamily properties.

The key to this though is you to maintain your properties. 

The buyer is not a party to the loan, so the bank will foreclose and destroy your credit, not his.If you put a clause in the agreement that you can foreclose if the buyer misses two payments, is unenforceable and will be thrown out by the court.You are probably needing to do a wrap to maintain the ability to foreclose.Just do a wrap.

This dip is just a part of the market's natural rhythm, reminding us that real estate has its ups and downs.% Paid in Cash: Cash transactions made up 22.8% of sales, a slight decrease from last year's 26.1%.

The damages are clearly beyond normal wear and tear and I do believe that they are oblivious since when the handed the keys over they told us that they had maintained the unit in impeccable condition.

This 3.8% decrease is a gentle reminder of the market’s natural ups and downs.% Paid in Cash: Cash transactions made up 24.6% of sales, down from last year’s 26.6%.

It really just depends on what type of market you live in.