If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Had I scaled up in 2002 after buying my first multifamily, I'd have had a much larger multifamily portfolio during the great financial collapse and I probably wouldn't have survived it.

It might take a large financial institution with capital for “brainpower” and marketing, and financial and reputation strength to design as well as create a trading market for this type of security. 

Quote from @Jaycee Greene: Financially, I'd only do it if you could convert to a 3x1 AND get at least 50% higher rent.I dont see getting 50% more.

Do you want your son to bet the financial outcome of his 20s on this seller's ability to make good choices? 

BFS FINANCIAL SOLUTIONS is posing as a lender, or they legit.??

BFS FINANCIAL SOLUTIONS is posing as a lender, or they legit.??

I am financially independent and don't have a job, though.

But many people need to consider if they are financially ready for it or not.

@Rory DarcyRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?