i have seen that quadplex on the market for a while and yea it is definitely more than i would like to tackle right now but i think i could possibly make that SF work thank you for the recommendations  @Anthony Benoit For what it's worth, I'd estimate you'd need to negotiate the purchase price on that SF down a bit to make the numbers work in that area (BRRR or F/F).

Now im obsessed How did you find this deal and how did you negotiate it?

With software, it's only as powerful as its user so some clients overcomplicate things and spend most of their time trying to "fix Quickbooks".The most successful and quick clients keep it simple or keep it to their comprehensive level. 

The deal was successful and later on we sold the property at a significant profit and 1031 to something larger. 

@Victoria Lebedeva if you already have terms negotiated I would get a lawyer.

Focusing on what you can control, like consistent effort, really sets the foundation for success.

Thus a DIL executed prior to default creates title insurance issues as you can't satisfy the underwriters' checklist -- prior default, comparison of value vs. amount owed, a negotiated DIL agreement, etc. 

Best wishes and best of success to you in 2025.

Quote from @John McKee: What are your successes, failures, and aha moments?  

My goals are small multifamily to financial freedom with potential to scale to large multifamily for great success.