Many people are buying marginal deals hoping the multifamily will have its golden age forever.

One example you might have heard of are Miami-Dade county approved impact windows are actually the golden standard for the product.Contact me for additional info - don't want to bore you (or anyone else for that matter & hope that the response helps).

So no money out of pocketUnit rental Cash flow = $850Excess Parking Cash Flow = $2,000 Gross per month, I split it 50/50 with the person who runs the parking lot, I net $1,000 per monthEstimated Value = $400,000This is a golden goose :-) 

Just get a written receipt and all should be golden.

If the property was located in a city jurisdiction like Arvada or Golden, the city rules take priority.

ZIP stands for Zero interest Program, and is a silent third for as long as you have a CalHFA first, it stays silent and will continue to subordinate.The pro’s:- Down and closing coveredThe con’s:- the minute you refi cashout or sell, the entire second and third are due- The rate on the first is extremely high when using a second and third behind the CalHFA firstThe second program known across California is from Golden State Finance Authority (GSFA).This program simply gives he option to get up to 5% of the maximum loan amount, to use for your down payment and closing costs.However, that 5% isn’t enough to cover the closing costs.  

For me the point on losing out based on some amount that now seems insignificant considering the appreciation (and increases in rents) is golden. 

“Cleveland is the #1 city where people put sugar and golden raisins their grits.

In other words, never let you or anyone else utter the words, "what if we did this" (or any equivalent) because the answer the the "what if" part is always the same...cost overruns.When I taught this, I used to mention the 5 Golden Rules, of which GR #1 is very familiar:1 - Whoever has the Gold, makes the Rules.2 - If you like it, or change it, it costs more.3 - If you really like it, or make a big change, it REALLY costs more4 - If your wife/girlfriend, the equivalent client likes it, you probably can't afford it. 

There is no "golden" method to finding deals, but there are dozens upon dozens of silver methods.