It's possible to do a buy-and-hold strategy anywhere but I found, for me at least, it was easier to buy in markets outside of NYC.

I'm concerned that I'm being way to aggressive with my numbers and I have way more "meat on the bone" so to speak than what I've actually calculated.

If you would like, feel free to email me at [email protected] and we can figure out a time to meet up.

To put some meat on those bones I would definitely want to have an experienced Seattle multifamily development specialist on my team.

Please email me at XXXX for more information or questions.Just my thoughts.

You might not have $70k cash laying around just yet.If the numbers all check out, and it's truly a 60%-of-ARV deal, there is enough meat on this for you to come out whole under all but the most adverse of circumstances that might occur (i.e. bankruptcy, lawsuits going back and forth while property sits vacant and gets vandalized, etc.)Also, it's a great opportunity for you to learn the rehabbing business.

Therefore, you need to leave meat on the bone and I usually sell around 60% ARV.

I am new (new to this sight and new to investing; haven't done a deal yet) so please educate me if this is a poorly posed question.Seller seems motivated (attempted to contact me at *least* once a day for a week now-I was ignoring because the $500k asking price was too high for my model).

He told me at the age of 16, he purchased a property in baltiomore for 5000.

Frankly, that website has red flags to me, some good information, but I also look to the meat of the agendas, techniques and methods and the equity stripping is in far left field, filing false liens, with entities not at arm's length can be trouble, it is not a tool to employ, hit bankruptcy court and you won't be looking at just state laws or assumptions or local politics from the bench.