And that's even using the high rent estimate, a low vacancy rate (8% would be more realistic), and a very low property management expense (10% of rents is pretty standard), just for starters.If you personally were going to live in this property, it would likely be a slam-dunk...... but, as an investment, it's a money-loser!

I suspect even if it is an improvement I could likely expense it under the Deminimis Safe Harbor if under 2.5K anyway?  

Hi BP Community, I am writing this post because I feel like I have been stuck in expanding my current portfolio.

(Think of it like Detroit)

What if the existing tenant needs an other semester or who likes living there? 

Personally I would never use a PM that allows self showings as stuff like this is common. 

For how we have our business set up, it looks like this "Greg, Manager of Management Entity, Manager of Holding Entity #1"

The acquisition was financed by JLL and TPG Real Estate Finance Trust, with The Mogharebi Group representing the seller.Bascom’s continued investment in the region underscores its commitment to growing its multifamily portfolio, especially in fast-growing markets like Bakersfield.

Hello, my wife is an optometrist and we are looking to use a physician loan to purchase our primary residence.We have some debt that we would like to payoff through a DSCR cashout refinance in am existing investment property I currently own and from there we hope to be in a good place for the doc loan.Our challenge is finding a lender that can handle both the DSCR cashout refi and the doc loan, since coordinating two separate contacts seems to add extra challenges.If you or someone you know can do physician loans (for optometrists) and also DSCRs I would appreciate being in touch.

Make 20% increased payments for 2-3 years, stockpile your cash and after 2-3 years pay it down more if you really like.