Chances are this is NO deal property as the X will want their fair share and a fair market appraisal will need to be done and the equity split equally.   

I have a property I’m looking at in Missouri that’s about 1,400sqft, and not sure the difference between a Cash and a Novation offer. 

It requires hard work, strategy, and a willingness to take on projects others might overlook.

Does anyone know of a dscr lender that will allow for seasoned money for a down payment and a really good property manager in Ohio specifically in Columbus, Cin, and Cleveland?  

A 5 unit multi family and a duplex plus my dad's house.

Updates include a new septic system, wall-hung boiler with radiant heat, and a remodeled kitchen with new appliances and an island.

Quote from @Josh Otero: Hi BP community, I know you've got some crazy tenant stories and I want to hear it.I'll go first:1) I was managing a 5 story apartment building and a dog fell off the 4th floor balcony because of the owner not paying attention.

Hi so we have one primary residence with about 400k equity and a rental property what about 300K equity.

If they qualify as tenants, you might need to honor tenant rights or negotiate a settlement to vacate.Market Potential: A two-family home and a single-family unit could be a great income-generating property post-rehab or resolution.

This facility has 144 Units and a 3400sqft shop house on the property.