For the mortgage you are looking at, you will be buying the mortgage on which apx 80K is due for apx 14K.

I’m trying to buy a second multi family.

If you are buying good properties you shouldn't ever need a property to carry another property.

- What metrics do you use to measure "good"Ex "Hi I'm looking to buy a single family home in Richmond TX in the $150-200k price range.

If you are going to continue buying, you really want a lifelong mortgage advisor in your corner who will help structure loans in your best interest.

@Fabio Cattolico"if I could get an out of state property for a great price and the numbers seem promising, wouldn't it be good to start off like that if I'm in a place where buying is unaffordable?"

My PPR note fund investment is a little different in that you can buy some notes from PPR and pay for the PPR notes using your Fund investment. 

How do you buy anything or stay somewhere?

Like I said I have the buyer ready to buy. 

Suggesting to them buying their house for a wholesale range offer or lower dependent on the extent of the rehab, then having a contract in place that gives them a percentage of the profit to help get them back on their feet, paying off debts etc.