In order for me to complete the deal, am I able to go back to a regular conventional loan to afford the down payment and closing cost?

I can understand if it was on the same street corner as the property.I get the restaurant analogy, but restaurants have very high margins, and also has regular customers that will come in 50x a year. 1 customer does not make a dent on their operating profit.

Hi @Brian Alfaro, you are walking on a well trodden path by having started with SFH's and realizing that they don't easily scale without building and monitoring systems and they are also less efficient than multifamily.I followed the same path and having read a ton of books, decided to pay for a coaching program.

The big "McDonald's hot coffee" awards you hear about are extremely rare and contain extra punitive damages above and beyond the regular award due to long-term, sustained negligence from the losing party.One other thought to help put your mind at ease: I personally know over 100 real estate investors, and none of them have been sued for more than $5,000. 

So with just these above simple facts that don't even take into account the added stimulus payments to UI receiving persons affecting a 100%+ payment of regular pre UI income, it is simply not mathematical to have a "collapse" of any kind what so ever. 

I highly recommend regularly attending local real estate investing meetups in your area/area you want to invest in as well as sending direct messages to other local investors on bp and social media in that target market as well and tell them what you are looking to do and ask to hear their story :).

If the buyer is using a lender you don't know and regularly work with, be sure to check all the details of the proposed buydown and compare it to ones 4.Owner FinancingA willing seller may be able to keep their selling price intact by offering financing to a buyer.Opportunities"This may be the right choice for a seller who needs to sell as soon as possible for the best possible price.

Hi,Unfortunately my regular tax professional's health has apparently been affected by COVID19.

I think regular buyers will take out high quality assets at slightly higher cap rates maybe 25 to 50 basis points higher but no fire sales.The fire sales will be on the really dog properties that takes a ton of work to turn around.

Bigger Pockets has some great state forums and usually there are good locals that monitor those.