I recommend reviewing the pictures of comparable properties that have sold within the last 6 months at the price point your aiming for.

I will be happy to share my contacts, I was more than satisfied with the team.

Remember to compare rates from different lenders to find the best deal.Borrowers who make 80% or less than their area’s median household income qualify for the Refi Now and Refi Possible programs.

The rehab only increased the value, where value is not a function of NOI on residential properties, but a function of price per sq. ft. comparable sales, or “comps”.Debt service coverage ratio (DSCR) is a function of annual NOI and principal & interest (P&I), and is calculated as NOI / P&I.

@Masood AminPlenty of private/collateral based lenders who care little about borrower income when making a secured loan.Bringing on a partner is not a bad idea in my experience, however, as long as you have a good deal on hand, you end up giving more of the deal to the partner than you would comparatively with a lender.I've never heard of a private lender charging a risk premium due to lack of employment, learning something new every day!

If you have to close on all 3 within 90 days, as it’s mentioned in your description, you’d have to close on 2 of the duplexes, then find a Buyer for both of them, and hope that nothing goes wrong in escrow, which means satisfying inspections for said Buyer, getting appraised on time, which is difficult right now and having zero issues with the title work, so they close on time… Then turn around and buy the third duplex prior to the original agreed upon 90-day deadline.

The elevation of that floor compared to the Base Flood Elevation can make a big difference in the flood rates with some companies.

It's difficult to compare all the nitty gritty.

I understand that I’m the county it maybe hard to find good comparable data; and most of them seemed ok from a novice perspective but one of them was absurd.

That is very different from buying national investment grade credit rated tenants with long term leases so the 2 are not comparable.