Purchase price: $850,000 Cash invested: $140,000 Sale price: $1,476,500 Source: Cold Call, direct to sellerProduct: 12 unit multi familyPurchase: $850k, owner financeLoan 1$250k first position loan (down payment to seller)2 yr balloon, 12% interest onlyLoan 2$600k second position seller finance3yr balloon, 0% interest, 30 yr am, 8 month deferred paymentsThree 4 unit buildings.

It is illegal to deny a tenant based on source of income, so if they have a CHA voucher they can live anywhere. 

Hello Bella, if you need sources of money for your wholesale properties feel free to reach out, we offer wholesale pricing, so you could add an extra 1% to your wholesales by participating on the loans as well.

Hey @Brian Cannon after you check and see where STRs are allowed, surf AirBNB and VRBO in the immediate area and see what others are there.How much are they getting for a nightly rate?

However, I haven't found a good source for quick estimates based on the size of the project, year of build, etc., specific to our market.

@Michael MattinglyRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I've been reading several posts about where to look for deals and understand the MLS is probably not a great source. 

Own a rented out condo free and clear, and looking at options on doing a cash-out, not for real estate purposes. Kindly contact me to discuss if this is something up your alley.   

Purchase price: $850,000 Cash invested: $140,000 Sale price: $1,476,500 Source: Cold Call12 unit multi familyPurchase: $850kLoan 1$250k 1st position loan (down payment to seller)2 yr balloon,12% interest onlyLoan 2$600k 2nd position seller finance3yr balloon, 0% interest, 30 yr am, 8 month deferred paymentsThree 4 unit buildings.

Purchase price: $620,000 Cash invested: $20,000 Sale price: $727,000 Source: Cold CallPurchase: Off market with owner financing.Price: $620,000.