Hey Folks,I'm under contract to buy a 4 unit building, 3 prime residential with ground floor commercial.

Why not just buy the home and put 3% or 5% down? 

Investment Info:Single-family residence buy & hold investment.

That, plus numbers just not making sense unless you put an insane amount of money as a down payment / buy in all cash, and other anti-landlord legislation made me look to a state like Ohio starting in 2021 and ultimately moving to Columbus to focus on building a portfolio and I've been very happy with my ROI both in cashflow and appreciation over the past few years. 

In fact, it can be just as expensive as buying another building.

We have clients still buying properties in the tri-valley; there are still some great opportunities locally for long-term wealth building. 

My parents investment LLC used 1031 exchange money to buy a house that I want to put in my personal name so I can file a PRE exemption. 

I asked for specific examples on this 1% cash flow buying in 2023 or 2024 (not 2020 or 2015).

Investment Info:Small multi-family (2-4 units) buy & hold investment.

It will be VERY interesting to see how these three factors influence existing home sales over the next 3 months:Seasonal slowdown (-)Mortgage rates dropping (+)Buyers potentially paying their own buy-side brokerage commissions (-)Average Number of Offers Received per SaleThe average home sold in July 2024 had 2.7 offers, down slightly from 2.9 in June 2024, and well below 3.0 in July 2023.