It could be unbuildable.did you go look at the property at all, or did you bid blindly based on the assessed value and threw a low bid at it.

You can acquire your a primary residence from up to 1-4 units for as low as 5% with conventional or 3.5% FHA with a few exceptions.

Many investors don't realize they've agreed to dump more money into the syndication if it runs low on cash (capital call).

I do think i'm going to just have to bite the bullet and offer it for pretty low. 

Our pricing projections are based on market trends, historical data, and neighborhood-specific analysis.

Hello,We recently bought this 16 bedroom, 4 bathroom motel type room-in boarding house in a low income area in Syracuse.

Price of entry is high, rent is super low. 

I am sure you have a low first rate and that is more than likely why you went with Helocs.  

I'm looking for a team, an agent that with knowledge both on/off market deals/neighborhoods insight.....good GC, efficient and can accommodate multiple jobs and property manager with that is experience in section 8 housing.Appreciate hearing from you. 

Also purchased because realtors told me that 180 per sft is really low for the area and that its a great deal.