Here's a map of the boundaries of westgate. 

The property cannot be valued in the traditional way, which is why I'm seeking a private lender who will value the property in a commercial-style method via the cap rate.Source of down payment funds: Implied equity (refi)Income Source: W2 for both my wife and IGross annual income (between the 2 of us): ~$300kMonthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: Student loans, rent, and what exists for this tiny house.FICO: 725Credit issues: noneThanks for reading this far!

I'll reach out via DM to connect!

Certainly, building a team first is the right way to do it, I think we can all agree there, though know others who buy site unseen via auctions, etc. 

I personally get the deals off-market via some of the lists there.

Thank you in advance for your insights.Anthony - Everyone has their own perspective with a tool/analyzer for multifamily properties and there are many out there including Syndicated Deal Analyzer by Michael Blank, Joe Fairless excel model, Robert Beardsley's excel model, and a host of others including some "make your own" models via courses in YouTube.

This may be mitigated by a good home warranty which your agent may be able to negotiate for via a concession. 

The answer probably depends on your long-term goal and how long the long-term means for you.You are correct that if you put 30% down on three properties, you will then have to wait until you accumulate enough cash via appreciation, cash flow, and savings in order to buy the next property. if you execute a brrrr, you would be able to keep going. 

@Danny Ng - Happy to continue the conversation via DM or phone call to give you as clear an understanding of all the different tax profiles we deal with and how it can move the needle on needs and pricing.

I am looking to purchase my first multifamily investment property via seller financing and wanted to see if there is anyone who purchases deals creatively like this often or has done so in the past and wouldn't mind helping me get started in the right direction?