You will see a lot of the listings for MF give a cap rate based on Pro-Forma.

Could him and I form a LLC, JV, or other partnership that would borrow say 60% from a lender and as a partnership come in with 40% equity?

I came up with some numbers but I am scared we are going to have to form a reit because thats a lot of money.

You get the idea.Does it really form a good impression to your potential tenant to show it in that state?

Please let me know what you think.Here are the Numbers:(pro forma, but I live three blocks away and have done so for 15 years)Price: $110,00010% down Plus closing 16,000interest rate: 5.25 (30 year fixed)roughly 15,000 improvements out of pocket.Mortgage: 571.53Rent: 1050 (this is low as market in the area is 1150)6% vacancy ( average for the neighbor hood is 4)Expenses:total: 2200 annualMy results: $134,500.00 total cost of unit6.42 cap rate9.127 GRM11.10% Cash ROI33.82% Total ROI125.89% DSCR$1,775.63 annual cash flow 1st yr 1775

Though a good contract is important for both of you.If you find a contractor with whom you can form a good relationship, you may find that you don't have to worry about enforcing contract terms so much.

The institution would email me the password in a week- trainers did not show: how to legally form a company to do wholesale, how to talk to the homeowners and get them sign a wholesale contract, how to inspect the property to get the right estimate - trainers told me to spend $11K on another 3-day workshop (9/14/17-9/16/17) to get the 2-day, one-on-one training to do wholesaleA week later (9/15/17):- no password to the software- called Customer Service who said, "We never promised free access to Property Farm.

If you have a tenant with good credit ready to build, and you have the ability and connections to hold the paper or sell it (among other things), then that's a special case.To answer your question about when it makes sense to build new with regard to multifamily, I would begin by asking myself the following question: Is anyone else building anything like this right now in this neighborhood that is proving my pro forma.

Rather than me purchasing the properties, rehabbing and flipping I proposed we form a partnership.

:So.. even though I have not done any deals yet would you recommend:[list]calling investors to form a buy list and should I tell them I am a new investor with no deals if they inquire at allWho else should I contact to tell I am looking for investment properties?