Multi family properties are not on there very often so you'd have to check the MLS, but with such a competitive market right now the MLS is very slim on good deals.

Next to using  your own money, it's the fastest way to get capital for purchasing properties.If it's a somewhat maybe not great deal where there are slim margins if everything goes right, then I would not use it.

I do this on daily basis, I have consulting firm that all we do is either buy Bulk or go to house facing pre-foreclosure, I first look into the past and payment records, then investigate your prospect, try none face to face contact methods first, mail, call, email, if you cant get a hold or agreement go with somebody and knock on the door knowing your numbers, and make a offer, your profit margins could be really slim on equity but on the upside could be huge this properties are usually distress, i don't know in your area but in mine it could be dangerous it is pretty lucrative, wants you have the property ready negotiate, with the bank first a buy out you might get a discounted price, before it hits the REO books if its there it would be very hard to get out. any more questions let me know. 

SO odds of beating a 45% dti ratio are slim.

Those that do, are price accordingly, and profits can be slim, with no upside like condos may have with appreciation in New York.You'll need to 1) find out if they can be rented out, and then 2) run the numbers and see if they make sense.

I am not in Detroit, but everything I read and hear would indicate that your chances of success would be somewhere between slim and none.

If this was on loopnet.... very slim chance it's a worthwhile deal.

They did not loan money to people that history and credit showed they had a slim to no chance of paying back the loan. 

Except that there is no Rudy Giuliani as Mayor on the horizonIn conclusion, it seems the Ayes have it by a slim margin due to a booming economy - CA is a great place to be and hoping it will keep going up.For me it will be interesting to see how long the tech boom lasts. for example, lots of money being invested in self-driving start ups but not everybody is clamoring for self-driving cars.

The margins are slim, and you bust your butt and expend a lot of time and effort to eke out a few dollars.