The only shot you really have in SoCal is appreciation, and we are so high in the market right now that even that could be pressed.

Talk to at @Upen Patel at the federal savings bank about lending.One thing to consider before you go too far down the rabbit hole, is that you will be hard pressed to find a 4 unit property in DC that meets VA condition requirements that is below the VA loan limits.

Ally is one insitution offering rates which larger lenders are hard-pressed to match.As the "buying public," our words must follow with the root of democracy - action.

Yet, you're ignoring them and pressing ahead.

No Jo, you are going to be pressed to find properties meeting even the 1% rule let allow the 2% rule in Everett or Lynwood straight off the MLS.

@Tara Piantanida-KellyYou may be hard pressed to make 35% CoC deal in western New York ... though you are next door to the rust belt, so perhaps they do exist in your area.If you wander a little further west towards Cleveland, you could may find deals like that (there are some that produce 3.0+% rent).Or ... maybe you have the ability to improve your current deal.

I always wait for the comps I need to document the value and compare the risk since appraisals are non refundable so you want to get the highest chance of certainty you can get before you press the "order appraisal button."

I'm not a huge expert on NY, but I think you may be hard-pressed to find cash-flowing rental properties even in the burbs.

I'm still a newbie at this, but trying to just press forward with talking to sellers even if I stumble through it.

I personally would be hard pressed to convince myself to buy a negative cashflowing property in a market that is experiencing it's highest prices in history just to possibly save a little on taxes.