If you want your unit to be rented for $3,000 should you post it for $3,200 because everyone will be trying to get that number down?

It's a pleasure to meet you, Andy.. are you considering venturing beyond single-family homes down the line?

I have high equity in my current duplex so planning on using that to fund down payment for the next property.  

Hi Willie, I think it would be best to wait until you have more capital to put down for a multi-family property. 

We haven't been able to sit down and really focus on what will be the best investment project...but...we should get on a zoom call and discuss it in more detail. 

However, when STOA first started going down the tank, they were negotiating with me on interest because selling them on MLS was a different entity at that time.  

Owner offered financing if we put down $50k.

@Pranita Maldikar Unless the seller is a family member or personal friend, I'm not sure why you'd want to put that much money down on the property.

Sounds like a pretty easy way to get in over my head fast, but at the same time, it seems like an opportunity to pick up a property WAY under market value and there theoretically should still be plenty of meat on the bone.

It will save you a lot of headache down the road.