If the roof’s age is unclear, it might need replacing soon.Electrical systems can be tricky in older properties.

In my case, a home I am looking for is above market rate, and their justification is that is should be valued like a commercial property with past revenue and net accounted for. 

To overcome these challenges, many borrowers focus on building strong communication with lenders, providing clear and detailed exit strategies, and ensuring thorough due diligence on the property.

The numbers I ran yield a decent 300-450 cash flow depending on how conservative I want to be with reserve and property management fees. 

Partnerships or joint ventures are also effective for splitting equity and risk, while lease options can allow investors to control a property before finalizing the purchase.

I have this tenant who has been staying on the property for last 8 years.

They have never owned rentals or investment properties but have no offers and moving out of state. 

Hello all legal experts,If someone owns multiple real estate properties and each of those properties are in their own LLCs, then ownership by children or another family member is the question.If original owner passes away, then their children may not be able to operate them. 

Small guys perspective:12 properties over the last 20 years. 

Initially, we planned on house-hacking a multifamily property.