I am considering a 12 unit multifamily property in my home market of Harrisburg, PA. 

Since my first property is long-distance, I figured it’d make sense to look for my next one closer to home.

The property, though is not beach front, nor does it has ocean view, is just a short drive from some of the best beaches in the west, which are great for surfing, snorkeling, SCUBA diving.In the 1.21 acres there is a main single family home (4 br) which was divided in two sections one of which is being rented.

. - In the unlikely event that you get a lead, A "motivated seller" who will work with an 18 year old to sell their home, is likely someone dealing with death, disease, divorce, or disaster.

You can get some estimates from contractors for what they charge for big ticket items like to renovate a bathroom, renovate a kitchen, replace the furnace, replace the roof, etc.All wholesale deals should have free and clear title and you should be able to see the sales agreement before submitting the earnest money deposit.

Second home loan , conventional How did you add value to the deal?

I use this exact strategy of keeping my previous homes as rentals and trust me it’s a winning strategy.

There is no way to absorb the costs of properly renovating a home in its entirety when you are dealing with $115K assets.

@Adam G. go to Home Depot 6am-8am on a Saturday. 

I am a property owner in central Texas of a multi-family home.