The national banks want trophy properties so usually are not a good fit although they typically offer the best terms going in.The regional banks I have found to be the sweet spot as they will go 7 years to 10 and will give better amort. and rates.

What a sweet deal that 90k 5 unit place was, I hope I can get lucky like that!

Hi BP community,I found a property that will make a sweet deal but when I drove this afternoon to the house it was vacant.

I do this until I hit my sweet spot.

Once I fulfill my 12 mo owner-occupied requirement, that's where things get really interesting:Unit A rent - $1400Unit B rent - $1250Unit C rent - $1300Unit D rent - $120015% vacancy and maintenance reserve - $772.50PITI - $2935Net income - $1442 <----- SWEET!!

The reason for this is different underwriting guidelines may have varying degrees of requirements depending on where you're located and they will tell you what's expected for an assignment specifically.I know this is short and sweet, but I'm sure many others will have more good suggestions and advice for you.Good luck,

Putting ease aside, in your opinion, what's the sweet spot for consistent, let's say annual, returns on large amounts?

We have a south waterfront project (downtown waterfront property) that has planned 377 units for low income (less than 15k for vets) that will rent for $575 and additional units for people earning less than 25k.It would be sweet to live in an area like that.

I also say do what ya know, but notes are sweet!

Though the setup your friend has managed sounds pretty sweet.