I'm confused why the property is on the market at such a seemingly steep discount.Its current owner is listed as Growth Developments LLC, which appears to be a "We Buy Homes" business.  

@Andrew Postell Few questions about proper structuring of the loan - atleast for my next deal, so that I could get the refinance right away.You create an LLC - Single Member LLC-A with just me as memberYou buy a home : Is it buying the property in my personal name ? 

Since that agreement lapsed in 2018, Botz is legally permitted to raise the rents to market rates.But Cedillo wants the city to intervene to keep 59 units of affordable housing inside the building after attempts to reach a deal with Botz’s company, NHP LLC, failed.

Just another way to fund things, but you’ll need to have ownership in an entity such as a LLC.

The LLC is a pass through to your personal taxes.  

Do you need an LLC title to start wholesaling? 

What's the monthly market rent:Annual Taxes:Annual Insurance:Monthly HOA: How do you own the property -- in an LLC, corp, as an individual, with partners etc:Whoever is an owner, provide their ownership % and FICO score: That's a pretty good starting off point. 

Should I start an LLC?

But hear me out and let’s discuss a specific scenario: An LLC is created with 3 equal partners.

Do you invest under a LLC or personally?