Deal is less than 350K.Private equity, commercial, Utah, salt lake, financing, hard money, capital, fund, John

The commercial paper is unregulated as it relates to the new rules and laws apples and oranges and probably not a good example that I mentioned that led the OP to think if it works there its got to work here@Carolyn Morales  also take podcast with a  grain of salt... this are blue sky feel good Macro talks do not take them vertabim..

I apologize for the long post, though I’m looking to be as clear as possible for you guys.A little bit about me: I’m from West Michigan, and I’m currently living in Salt Lake City pursuing an undergraduate degree in mechanical engineering at the U of U.

Looking for a 2nd Mortgage to do fixup on a duplex in Salt Lake, that I've owned for many years.

It might be a good bench mark for me to know whats realistic Sorry I haven't been on here in a while nor answered your question.Well in my market rentals go for $160-300k/ unit depending on the submarket and if it's a newer build, value-add or rehab.So it's very difficult to say and it depends on your own personal finances.But for buy and hold I've purchased 22 units in 2016, 6 units in 2017, and a few in 2018 and 12 u in 2019 Some were local Los Angeles County and some are in SE Florida.I also sold several properties in LA last year, some were hybrid hold/flips and more development deals...Also asking how many units could be completely different in a market like OKC or Utah where you can likely get units cheaper, OR the market might not have larger apartments, unless it's in a larger metro like Salt Lake.. so it really depends. 

I'm taking the experts opinion with a grain of salt and articles like this are laughable....This.Basically, anything that the experts are predicting, etc., take with a grain of salt.

So take that with a grain of salt.  

As stated above, most contractors won’t do a cost plus structure, but it is fair to say that you will be paying 20% or more beyond what it would cost if you GC yourself.Also, I can understand and appreciate the good intentions behind @Mitchell Zoll’s advice, however most contractors worth their salt will turn around and walk away (likely laughing) from a request like that.

I'm looking for out of state properties to invest in the 50-100k range and have come across places like Detroit, Salt Lake City and Cape Coral Florida.

I've build my portfolio and retired from the W2 by taking rules with a grain of salt.