Our partner, Jamari Spruell, identified the property as an off-market opportunity, allowing us to avoid competition and secure a favorable price.

With that kind of fico score, you would be able to secure a rate that is competitive if not beating conventional investment property mortgage rates.

i am using 85% because of how competitive things are here in san jose ca. i tried to use 70% on several deals, but other flippers pay way more.example, i bid on a home that was what i thought an ARV of 2M... i offered 1.4M, someone bought it for 1.65M. 

You might start by networking on BiggerPockets and LinkedIn to find top-rated agents who specialize in multi-family properties.FinancingSecuring financing before identifying a property can give you a competitive edge, especially in fast-moving markets.

The market is competitive in most markets, so the best properties win. 

You may want to shop your competition, and check the market.

Here are a few questions to get the conversation started:For Buyers:What strategies are you using to find good deals despite increasing interest rates and competitive bidding?

We leveraged our expertise to secure the property at a competitive price, ensuring there was enough margin to make necessary renovations and achieve a profitable sale.

In the ten-year period beginning with Q2 2014, the Downtown submarket has experienced the greatest introduction of new inventory, 3.3 million square feet, amounting to 20.5% of all new competitive stock added to the market.Asking and Effective RentDuring May, the metro's asking rent remained unchanged at $42.24.

Then we stumbled upon "fractional ownership".