First congratulations on taking your real estate education seriously and putting yourself out there by posting on the BP forums.

Asking in the correct forum will get a better response.Read the RULES!

Originally posted by @Dustin Beam:Originally posted by @Anthony Dooley:@Ali Boone @Dustin Beam you also have to pay the mortgage. 

The cheat sheet/example greatly reduced time.

Unlike true multifamily, meaning the county or city has the property categorized as multifamily, you can't use potential rental income from the additional units to help you qualify (if the home is single family per the appraisal, that is).

Because they are also the janitor and the secretary.

The breakdown is as follows:2 bed / 1 bath1 bed / 1 bath1 bed (studio) / 1 bathThe property was previously rented out for a combined total of $3,400 per month.

Imagine getting 20-40% off many things others have to buy with post tax $’s.Don’t forget that “stepped up basis” if you have any heirs.

Also, I am guessing that due to the state of the house, it would not qualify for a conventional loan?

 Hey GUYSOver the years, I’ve worked on creating high-converting funnels for marketing agencies, and one thing I’ve noticed is that the core principles of attracting, nurturing, and converting leads are just as relevant for real estate investors.I’ve been diving into strategies that could help investors streamline their deal flow, attract motivated sellers, and build better relationships with private lenders.