The house gained $100,000 equity since the initial purchase.

What if the initial listing price had been $450k?

There's a lot to talk out still but I'm initially trying to determine if this would even be an option and absent a BRRR, I don't see it.

The initial cost seem low compared to other businesses.

We were initially thinking we would do one loan but the flexibility to sell these duplexes individually later is appealing, as we believe we could sell them for more money that way.

About a month after that initial email (last week), she called and emailed again disputing charges, threatening to sue, and asking for our energy bills to audit us (one meter was split between two units and payments based on percentage agreed upon by past landlord).

However, every term that has been mentioned should have been negotiated in writing right up front in the initial contract (not after going under contract).

Unless you plan to pay cash for your properties, get pre-qualified for an investor loan, so you will know how much credit you will have access to.The end goal - This is usually something like $10,000/Mo. income, in present value dollars.Time frame - The shorter your time frame to reach your goal, the more initial capital and credit you will need.Your plan does not need to be complex or in any specific structure.

Wondering what thoughts people have on the very different rent stabilization initiatives on the ballot in Minneapolis and St.

I am clearly concerned with inadvertently committing any type of mortgage fraud, but also don't want an empty unit that can be generating cash flow for me when I am away.2: Would it be wiser to get a few fix and flips under my belt via HML/Private Lenders to build liquid funds and then use that to start investing in multi-family rentals via Brrrr3: Lastly, do many of you use HML for your initial purchase of a Brrrr property?