Purchase price: $720,000 Cash invested: $60,000 Househack/BRRRRR.Taking advantage of low 5% down Owner occupied conventional loan, then fixing up the units 1 or 2 at a time, raising the rents, and then refinancing to lower the monthly payment and increase cashflow. 1 full gut unit and others were more cosmetic turnovers.

Purchase price: $725,000 Cash invested: $550,000 82 UNIT Mobile Home ParkPurchase price 725KDown Payment 350kCapex 200k Funds to raise 550kSeller finance 4.75% 3 Yr balloonPrivate capital <15%

What product type are you implementing for a 200/Ac density? 

Purchase price: $725,000 Cash invested: $550,000 82 UNIT Mobile Home ParkPurchase price 725KDown Payment 350kCapex 200k Funds to raise 550kSeller finance 4.75% 3 Yr balloon What made you interested in investing in this type of deal?

At this point we have a big land gain on the first after entitlement (more than 500k) and we want to setup the proper structure to raise capital.

@Jessica PriviteraBorn and raised here for 32 years.

Quote from @Nicholas Burch: What are the best terms to negotiate on the banknote after you have raised your target equity?

If recollection serves me right, they have different products they offer based on your experience and project.

My partner and I have raised $25K in total capital for a down payment and are looking for an income-producing multifamily unit (duplex/triplex).

Second, if you want a nice house in a nice part of town, you will have to pay for it, so will likely need to raise your purchase price.Third, if you want to go off-market, just know you are trading a lot of time for the possibility of maybe finding a deal.