The younger you start letting your cash multiply the better.College is a great experience and you really shouldn't miss out on it.

Probably very cool... that is of course if you enjoy rehabbing... or having lethal synergies behind rehabbing that pretty much can help you outgun your competition not only from the creative strategies of saving the deal using the straddle play, but extrapolating this deal further into greater profits, with use of creative rehabber synergies and creative money saving mechanisms in context of adding upside value to the property while simultaneously making sure that folks who live in your property end up not creating havoc and end up paying you rent in a motivated manner.Combine all that with commercial multi family real estate inter mixed with raising money for for private lenders and multiply that by the number of multi units in one complex and creative tax strategies and you get yourself a wild wild synergy, helping you save the deal and go beyond.Sorry if I am too theoretical... but it is what it is.

Multiply premium by 12 for annual premium payment to = 660 (a one time charge essentially)Then 2 months each of your loan premium @ 55 and say home owners insurance @ 50.(2x55) + (2x50) = 210 So escrow = 870ishDown payment = 4,500And closing = 4,500Of course you should have some RESERVES, but all in all your costs are under 10,000.The point of all this is to say that FHA is expensive in comparison when you have to pay PMI and an upfront charge of 1.75℅ and then an annual 1.25℅ charge.

So, IF you get into a loser MF, your losses will be multiplied on the way out of the thing.Yes, there are plenty of people making good money in both MF and SF.  

If you are wholesaling them, figure out the ARV, multiply that by 70%, and then subtract whatever the cost of repairs is.

All hypothetical numbers but multiply the comps by 80% and that's what the lender should be cashing out at.

One thing you could do if this is a dealbreaker for you and the numbers is before cancelling the contract, figure out the average price/SF of the recent sold comps, multiply that number by 500 SF, and ask for a reduction in price of that amount.

This sucks and is frustrating, and just FYI my "theme of the month" for July 2017 is in fact (much to my dismay) "sellers that are not qualified to even sell their home," so I've got your frustration spread across multiple transactions, with multiply buyers losing their minds.

I prefer to use GRM for this determination.For the sample property you listed, the Gross Rent Multiplier (GRM) is 7.66, which is fairly good for the area.

So as to clarify a bit, we have access to money sources, but said sources will need to multiply over time so as to as to allow for growth.