Additionally, a lender deposit ranging from $20,000 to $100,000 is necessary, along with a rate lock-in fee that typically amounts to 2% of the loan amountIn the process of raising equity, it's crucial to be diligent while filling out necessary forms and securing required verifications.

I have a 2BR on the front range in CO and half of the time it is just parents and few kids. 

Really your reply is the kind of thing that has made Bigger Pockets so valuable for people like me with more limited access to a broad range of more experienced professionals.

In multifamily here in Reno, NV (just over the hill), we have seen some great deals with higher cap rates for buyers, but also very low cap rates on some renovated, turn key inventory. 

Other areas are good but prices are slowly and steadily coming down and inventory is building.

Do a search on google, syndication websites, reddit, etc2) research the rang e of return for that type of investment.if the typical return is about 8% to 12%, I would be skeptical if you were getting offered a 24%+ returnBest of luck!

Most are single families in the $1.5-$2M range, so we new that a duplex would be would have a much higher ARV than other duplexes in the area.

For lower value flips, 200 - 300k, we stick to that range as the projected profits doesn’t have much room for an inevitable rehab oh-$hit.

Rates are high and trending higher, as is inventory in most markets.

Thanks.PM fees in Ohio typically range between 8–10% of gross income.