This aligns with your financial situation and helps mitigate risks associated with high debt-to-income ratios.

We’re open to considering Section 8 rentals if they align with our goals.Our initial plan is to purchase one or two properties outright with cash, although we’re still open to financing options if the right opportunity arises.We’re planning a 1- to 2-week trip soon to explore Indiana and get a feel for different cities and neighborhoods.I’d really appreciate your honest feedback.

In recent years he seems to be aligning himself with other programs which I also do not find appealing.

Take a break from larger multifamily acquisitions for now, as they may not align with your current capacity or risk tolerance.Whatever you choose, know that setbacks are part of the journey, and you’ve already gained skills and insights to make smarter, more deliberate moves moving forward.

Ensure the numbers align with your goals, factoring in cash flow, exit strategies, and risk mitigation.

The cap rates seem to be inconsistent and not aligning with really anything...3% to 5% on older buildings with higher risk, not great tenants, in not great areas and not a lot of cash flow or even negative cash flow based on current listed price.  

•Get clear on your end goal ASAP so you align the rehab with it.Ultimately, there’s no universal “right” or “wrong” answer here—it depends on your situation and goals.

You could pay them a flat interest rate on the funds they contribute, similar to a private lender, or offer a percentage of the profits to align their success with yours.

The wire instructions I received were also different from the entity listed on the contract, but in my case, they explained that the funds needed to be sent directly to the contractors handling the rehab, which aligned with the project’s structure.I proceeded, and everything went smoothly, with clear communication and regular updates throughout the process.

Would you be better off finding something turnkey, already themed and doing the numbers that align with that?