Purchase price: $1,150,000 Cash invested: $200,000 Sale price: $1,599,000 Welcome to your dream home!

I assume you're going to sell it to a developer, so sell it as is and let them deal with it. 

(Even went beyond the second page of Google.)I have an investor who wants to partner on a deal by providing a loan for the down payment.

The vast majority of BP members really dont know anything about how lending really works but are here to learn with many more asking questions about how to be a lender.. 

How did you find this deal and how did you negotiate it?

While markets had anticipated the first rate cuts as early as March or May, those expectations have now shifted to June or September.

If the only MFH options you're finding are in areas you're not comfortable with, it might be worth focusing on a duplex in a better neighborhood.Saving up for a larger property later is a valid approach too, but keep in mind that real estate tends to appreciate over time, and waiting might make it harder to enter the market later.

Looking to get started.

We don't allow advertising or deal making in our Private Message System, so that could be the issue. 

I think over the foreseeable future we will see this continue due to rising prices in those markets like California and New York.