Borrowing from family for a smaller purchase isn't the worst thing.Cash flow has been tough as of late with the higher interest rates.  

Just keep in mind, the guru will not bail you out in a tough situation, unless there is significant profit in it for them.

Both of my house hacks were enjoyable and lowered my cost of living, helping me survive tough financial times.One of those tough times was caused by a live-in flip that went way over budget.

If the rental income doesn’t sufficiently cover the debt payments by their standards, they’ll limit the loan amount, even if the property is worth more.You could try a few alternatives:•Look for lenders who specialize in commercial real estate and have more flexible DSCR requirements.

I’m Keagan, a realtor and investor based in Indianapolis, and I’ve worked with several clients on value-add multifamily deals and have done a couple myself.For finding off-market opportunities, I’d recommend:County Tax Delinquent Lists – Great for uncovering distressed properties.Direct Mail Campaigns – Target out-of-state owners.Local Networking Events – Connect with wholesalers who specialize in multifamily.I’d be happy to introduce you to lenders and share leads if Indy is on your radar.

Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where I think we are in the real estate cycles (financial and physical market cycles)b) Then and only then do I pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

Purchase price: $575,000 Cash invested: $75,000 Sale price: $775,000 This was a tough one.

The numbers are tough and it's hard to account for all unforseen expenses.

I agree, shorter-term plays are tough in the current environment, and patience paired with a strong strategy often leads to success, unfortunately this is a strategy that a lot of real estate investors don’t really have the experience and the patience to follow.

Buying and selling MF on your own going to be pretty tough this gets you going and if by chance you like it and can start to represent buyers and sellers you will make some pretty nice commissions..