Second because they can’t borrow the amount over the property’s appraised value, even for the furniture.

Alan Ceshker: Thanks for the questionYes it does First - get insurance in place correctly -- use a proven insurance provider -- this is most important Educate seller to not contact the bank Use a trust structure to have the conveyance appear to comply with Garn St GermainBe ready to fix if needed via a deed flip flop or paying off the mortgage These transactions should only be attempted by experienced and ready investors -- those with the knowledge and ability to fix if neededThanks Alan OK other than paying off the mortgage everything else you describe is just trying to get away with something that you know gives the lender the option to call the note.. 

I’m looking to start off my life in Real Estate investment and have been researching the idea of fix & flips for the past couple months.

What are the ways to reduce putting down payment amount less than 25% for multifamily buildings with 6+ units?

Some advise I can give if you will be doing fix and flips is to ensure you cultivate relationships with solid contractors.

Clayton's promises to fix the problems and make it right never came to fruition.

We have an incredible amount of homes around downtown Bloomington that are 100+ years old that have nearly all been turned into 2-4 unit buildings.

A 2% transfer tax amounts to $5,815 being paid by each buyer and seller.   

We fixed it up, and since I'm an agent, we sold it. 

Its also amazing to me the amount of people out there who do not screen their applicants.