Quote from @Evan Polaski: @Hyun Supul, without diving too far into this, and the devil is always in the details, when I see this, I can't help but assume this whole offering is a way to for them to raise pref equity for their own deals, but wait, that won't look too good, so let's layer in some private credit, too.It says it will lend money AND invest pref equity into MF deals owned by Disrupt and Open Door Capital.Questions to ask: what allocation is going to loans versus pref equity in their own deals?  

In addition, they connected me to the preferred lenders who also helped with closing on the property within a short period time.

Quote from @Michael Eldridge: Switching tax preparer this year and since informing the previous one over a month ago they have been distant.

My budget is up to $70k and I will need help from family to start.

This seems unrealistically low for a 40 unit property.

Monthly payment is 1900 with a 6.5 rate and would rent for 2500.posted in another group but realized it was the wrong one Hey Keith, I've helped other clients do this sort of thing - vacating a primary residence and then pull out cash to purchase another property elsewhere.

Thanks for any help anyone is willing to give!

Renting out one side can help offset your mortgage, which is a huge advantage while you're building financial stability.

you're competing against pros for inventory.hopefully this is helpful

This could help decide if the income is enough.