We were mainly looking at turnkey properties since we don't have the time/knowledge to manage a rehab, so that also put us at a disadvantage in terms of finding a good deal.If you are looking to rehab you may still be able to find properties at a decent price in Lynn.

My question is , do you guys and gals think I can find a good lender on that property or should we just let it go and chalk it up to the disadvantage of being too green for lenders.Any other suggestions would be greatly appreciated!

I am most interested in multi family / apartment houses as an area of specialization, because I'd like to invest in multifamily properties out of state (New York market is disadvantageous with unfavorable price to rent ratios, etc).I have sales experience in mortgages & a real estate license but no experience yet.Any advice is appreciated

I think this pandemic has given a lot of people a wake up call about the disadvantages of living in the big city and they are looking to get out.

Providers of Basic Necessities to Economically Disadvantaged Populations, Including:homeless shelters and congregate care facilitiesfood bankshuman services providers whose function includes the direct care of patients in state-licensed or funded voluntary programs; the care, protection, custody and oversight of individuals both in the community and in state-licensed residential facilities; those operating community shelters and other critical human services agencies providing direct care or support9.

The Delayed Finance section of this blog post is one place to start to learn more about it.This approach can be advantageous by allowing you to be more competitive with cash offers and quick closings when you purchase, but a disadvantage is that you have to pay some of the same closing costs again when you refinance (though if you are able to purchase for slightly less with a cash offer it might even out).

Now a follow up question to you and any others reading this, What are the potential disadvantages of refinancing a personal property and doing so at this time?

No one really is at a competative advantage or disadvantage, and rather than being scared, most people are bored and itching to get out and DO stuff. 

While I'd be shocked if this is the case, if all the owners in your market pay for garbage in SFRs, you'll be at a competitive disadvantage if you try and have the tenant pay.I don't necessarily think you need separate accounts (we'll leave security deposits aside).

The disadvantage is that you need an appraisal for each property, which may slow things down.