If that is the case an FHA loan would work well as you would just need 3.5% down payment and FHA allows you go qualify up to 56% back end DTIMeaning that after you add up all your monthly expenses on your credit report AND the future mortgage, the total cannot exceed 56% of your total monthly incomeKeep in mind because you are self employed the lender is going to calculate the income according to FHA and it will likely be different from your own assessment of your income.

I'd love to utilize their expertise when assessing a property since they are local but I'm not sure what the general expectation is when I don't have a tangible property and I have not entered into contract to work with them yet.Some questions I have are: local regulations/permitting timeline, property's potential from their perspective, landscaping/amenities cost estimate (they also help facilitate this).

I would like to learn more about the process, risks, and rewards of Wholesaling.Flipping - Not interested without a reliable contractor team and learning how to make accurate assessments, estimates, and budgets.

Before making a commitment — the absolute best step for you is to understand the actual numbers and the real range of scenarios.You need to:• look at current NOI• model pro-forma NOI after deferred maintenance is handled• compare a seller-note vs direct buy vs trust transfer• realistically estimate capital improvements realistically for 8-units in Philly • assess the operational plan (self manage vs PM)• and lay out the possible outcomes for you specifically (tax exposure + risk + time cost)do this BEFORE saying yes or no — otherwise you might commit to something that becomes a burden or lose out on a great opportunityI know people capable of this type of scenario modeling in Philly if you want some connections. 

Tampa, FL - several major hospitals, MacDill Air Force Base, professional sports and universities and colleges.

If anyone has someone they trust or if you’re a professional who offers this please drop their info or DM me.

It's designed for professionals in the commercial real estate industry who are looking to network, share knowledge, and stay updated on the latest trends and developments in the Houston market.

It's designed for professionals in the commercial real estate industry who are looking to network, share knowledge, and stay updated on the latest trends and developments in the Houston market.

My sister and I are currently analyzing single-family and small multifamily rentals in Cleveland (Cuyahoga County), and we’re trying to get a more accurate estimate of property taxes for deal analysis.We know that the current tax amount shown on the Cuyahoga County Property Search site is based on prior assessed value, and taxes don’t always adjust immediately after a sale.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?