A lender willing to loan up to 80% of the “as complete” value sounds uncommon to me, I would love to do that on a project that I found in a hot area with a 14-unit package of 5 plexes and a 4 plex for sale at about 40% of ARV.

That being said, 20-24% is not uncommon.

@Oraude Boston  clearing title is the fun part... liens, judgement, code violations are not uncommon when we are all out there digging up deals that are off market.     

However, this is not uncommon.

I do plan on house-hacking for at least my first couple of properties, in my area multifamily properties are much more uncommon than SFR.

It's not uncommon for a tenant to renegotiate the lease with the new owner as part of the purchase.

@Lisa SimpkinsIt’s not an uncommon request and buyers want more information to make them comfortable with moving forward.  

If you want to private message me the address, I can run some comps.A few things to keep in mind:When properties are sold by the owner, it's not uncommon for the property to have price discrepancies.

In terms of your questions,1) Prior to partnering, decide on the property size and see if you can take it on yourself2) It is possible, but uncommon to do so via syndications.

Although that's definitely still a concern in my book as it's not uncommon in Orlando.