Commercial loan How did you add value to the deal?

If the seller is insisting on a high price with not-so-hot financing terms, though, this may be a riskier project than it's worth.

We also run a property management company, so we can assist not only with acquisitions but also with long-term rental strategies if you plan to hold properties.We’ve helped many investors identify profitable areas and would be happy to share insights on the best markets for your goals.

Maintenance and potential repairs will also require a long-term financial plan and setting aside a contingency fund for such expenses.The steady cash flow, appreciation over time, and tax benefits can make a meaningful difference to your wealth in the long term, especially with the principal paydown on the mortgage.However, if managing the property from a distance feels too burdensome, or if you’d prefer the certainty and flexibility that comes with having less debt (especially given the high mortgage rates), selling and using the $100,000 in equity to reduce your loan for your next home may be the smarter move.

Just to reiterate some of their points, if they are on a long term lease, it will definitely be more challenging then if they were month to month.

In terms of a money judgement, I would be much more focused on getting possession back.

availability of multi-family 4. ability to write my own contracts(Go off market) 5. landlord tenant laws etc......and some others.If you plan to hold long term, think of what would be most important to this type of investing i.e All the best! 

I’m looking to put a HELOC on it, but it will need to be converted into a condo structure for that to happen based on the product that I found and like the terms of.  

One was conventional financing and the other was a portfolio loan from a local bank here in Hawaii, I also did a lot of research into DSCR loans during my search.I'm also an agent here on Oahu but focus mainly on Property Management, at the brokerage we manage roughly 50 units that are a mix of STR, MTR, and LTR's. 

Then they work with a lender to get them ready to get the long term loan to buy the property.