thereby hurting sellers who thought they had a deal. and made other financial arranges because this nice wholesaler told them he would close with cash on a day of their choosing.. ever heard that one before LOL I agree with U on fix and flip.. 

@Gregory DeRosso I haven't checked cost but if rooms reasonable u can just buy me breakfast or lunch or dinner or when it's over treat me to bar or lounge for dinner/ drinks connect with me on here .

Your expenses on the proforma is too low.With properties in F/D areas, I assume operating expenses will be around 60% of the collected rental income.Assume section 8 - lower end: $500/mo/u x 22 units x 12 months = $132,000Assume 10% vacancy (not 5%)less 60% operating expenses (you have to include 10% for property management, 10-15% for repairs and maintenance, you have to factor in replacement reserves - trust me on this: properties in D and F areas will have about 55-60% of the income as expenses)equals $47,520divide by 10% cap (not 9%; in fact, if this property is in a war zone, assume 12%)Proforma value is $475,200 - not $872,000You're acquiring it $120,000Repairs you assume is $140,000.

If u thought of it to ask the question then make it work.

It will sharpen the way u analyze a properties cash flow statement and balance sheet.

@Ryan Myers I believe this is called After repair cost (ARC) u want Affer repair value (ARV).

just in credit card over trillion dollar. after you follow is program u can choose follow him our you can do things different like invest in real estate but don’t forget every one can but not every one will do. . 

If the rich smart will share it 2 out of 10 agents who will actually be well fit to do their jobs and I’m a real estate brokerOn that note , get u a broker and not an agent 😊

The property is this one: https://www.redfin.com/CA/Sacramento/3021-U-St-95817/home/194337011) I can do 20% down, investment loan from BOA at 4.3% so that would be ~1200 per month in payments.2) do 10% down, live in one of the units myself, I currently pay $750 in rent 

There is going to be a lot of pain going on in the coming years with this strategy hitting U tube and other social media sites.