In any case, I put an offer in on a condo following the rule of buying 20% below FMV, and it was countered but still not even close to where I needed it to be for it to work.I researched about 25 properties viewed 4 and put an offer on 1 and it didn't work out.

lol - copy and past from my LinkedIn profile. thanks for pointing that out - not sure doing that full time would work out very well.mark sleeper likes real estatemark sleeper knows the ins and out of commercial real estate financemark sleeper is ready for lunch...lollooking forward to learning more from this forum. when you refer to wholesaling a multi-family transaction, how does that differ from being a broker on the transaction?

The numbers may actually work out, I'm waiting for my agent to get me some details back.

I am still trying to work out the Cash Flow on the property.

I would buy a partial or entire low balance note; or JV with an investor who buys NPLs and does a workout etc.

I live in South Miami and work out of Coral Gables.

Know how to be able to work out a cap rate, and net-income, not Gross.

If this one doesn't work out he might know of others.

How did it work out?

If I do aerobic system it will require approximately .6 acres per unit for sprinkling area which will in turn limit my duplexes to a max of 8 and cost about $6k per unit. 2 or 3 bedrooms and with or without garages: how to determine.