considering this as an investment option and curious to experience/advice from anyone who has done this or is actively doing this?

It's clear the Sponsors are shifting income to itself, but it is very difficult to know how much or make heads or tails of this.

My grandfather, along with his twin brother, were home builders who transitioned into building and managing a significant multi-family portfolio, which remains family managed to this day.With my personal family background, as an agent I have largely engaged in the multifamily space working with legacy owners in the sale of their properties - from 6 unit, single building properties to 19+ unit, multi-building properties.

This is typically for most people not a DIY project. 

What made you interested in investing in this type of deal?

This is our first investment together so we're exploring financing options.Wondering if anyone has trusted contacts in private lending/hard money who are able to fund ~$400k in acquisition cost and ~$250-300k in repairs?

My budget is in the $200-250K range.Please feel free to let me know if additional details would help, and thank you in advance for your time and advice! 

We need even just the basic deductions of home ownership(then later turning this into a sole investment property) as my wife & I have only been taking the standard deduction each year and usually owe(we have lowered the amount we owe increasing 401k contributions), and pending a new promotion within a year, we will make significantly more W-2 income.

Has this changed?

“This is a victory for common sense,” said U.S.