Small multi-family properties starting at over $1M, which is pretty expensive and, resale single family (before year 2000) offer minimal cash flow (~$200-300/month).2.

Yes, either that or a multi-family next (leaning towards the MF, if I can find a good one).

Purchase price: $240,000 Cash invested: $39,000 Sale price: $342,000 Held property for 3 years and rented out the property for 2 years with a rental profit total of $22100 How did you finance this deal?

If you have 1-4 unit residential that's already cash flowing I would go DSCR if you have a ratio of 1 or more.

@Richard Rafferty, given the relatively small nature you are looking to take on with your first syndication, personally, I would find it hard justify the typically 20-30k+ for a paid mentor. 

I can see a lot of buyers getting the keys then driving off and never paying.. foolish foolish to be advocating that.

I was looking to put 80k cash into then refi afterwards and possibly getting 130k. 130k on mortgage would be close to $800 only leaving $200 in cash flow each month. 

Like I said I have the buyer ready to buy. 

To me, cash only is just cash.

I'm more interested in an ABB type deal but will work with what cash flows.