It seems it may be easier to build a relationship with them because of their connection to the community versus larger banks.

Can someone help me with understanding how to calculate what makes a good profit margin (I.e 1 percent to 5 or more) when looking at the property price to rental income.

@Alina Trigub I need 20 units rented for it to turn a small profit.

One of the biggest concerns I see with larger MF units comes in the form of not having enough Cap Ex reserves to remain competitive or for that matter compliant with gov and other regs.

We ran all the numbers and decided the 5% down with some left over for the value add on the 3br 2ba unit was the most profitable option.Will share some photos once the rehab is done!

The larger banks also do those loans.

Hello BP members,I'm a new investor looking for some solid advice on my first deal.  I've been listening and learning for a while now but still a bit trigger shy.  I wanted to invest locally since this is my first dea...

Both of us on loan, we get owner occupied interest rates and flexible down payment amount (although I feel I would want to put down 20% to remove PMI)Once Dad sells his home (easier to do than finding a duplex) he will give me about $55-65k of the profits, be the owner occupier in a duplex, go halfsies on repair/cap ex, but only wants to pay about $500 per month (he'll adjust for inflation!) 

Couple things to remember Cash is king always will be and You can never lose money by taking a profit.

Christmas valley is one acre or larger tracts.. also were your seeing the Hawaii eruptions those are all antiquated massive subdivisions built on a grid on the lava flows. those lots have been traded for ever as well although created the late 50s..