Hi All,
Was hoping to tap the groups expertise on explaining/guiding me on financing options. I'm looking to by a 4-plex property outside Pittsburgh for about $220K, and am confused about lending options.
I'm 41 an...

My goal is to scale up over the next few years and add another 10-20 doors.I ran across someone that is saying they are building quadplexes in the same town in Texas as my current rentals there, so I have some support system there.High level this is the idea on the deal:4 units constructed as 2 duplexes on one parcel.1250sqf 3/2/1 units$650k sale price, CME is $820k according to builder, will have a independent CME done if/as I move forward.Rent per unit is $1750 based on the other quad in the developmentBest guess at this point is about $16k/year cash flow at a 9.5% cap rate.Builder is a sister company of a established company in a related industry that has done "some" builds before but not a lot.

Investment Info:Small multi-family (2-4 units) note investment investment.

Policy will not impact the market for a while, even a $25k first-time home buyer credit will need some time to work through the system.

I hope more people see this and avoid getting into a pickle with incompetent teams like I just did.FlipSystem is Scam System, they just use Fake Advertisement to Scam New Real Estate Investors, many people are into deep trouble by following their advise and even bankrupt ont!

Supercharger system is far and away best system out there.. there is no POS charge system its on your credit card and automatically billed.. my first 3 Teslas were grandfathered in and I NEVER paid to charge however all the early buyers still get the free charging.

I purchased real estate in an Opportunity Zone a few years ago through a multi-member LLC but didn't realize that the real estate was in an Opportunity Zone at the time.

Investment Info:Large multi-family (5+ units) commercial investment investment.

And only listen to multi millionaires IN THE GAME.

After a few years you can springboard into a small multi-family or multi-room condo/ coop.