Cleveland and Dayton can be great markets for high cash flow and low purchase prices, but you need to be careful when navigating the neighborhoods so you're not buying in a D/F class area where no property managers will manage and where you'll never see any positive cash flow.

I use a hard money lender here in Memphis TN that is 12% interest paid 1% monthly, 100% purchase & 100% rehab w/5points up front.

Recently purchased a new property with an upstairs attic studio.

This will be my first home purchase, and I am aiming to invest in multi-family properties.What should I be aware of when purchasing a multi-family property?

What type of property do you plan to purchase(Single, multi, commercial, etc) and where do you plan to buy it?

Purchase price: $100,000 Cash invested: $35,000 Sale price: $270,000 Hey BiggerPockets Community,I recently updated a multi-family property on a tight budget and significantly increased its value.

So if you purchased one 4-plex each year, after 10 years you would have about $12K per month in cash flow.

Consult with an attorney to provide a purchase and sale agreement in your respective state with an assignment exhibit included. 

However, I don't like the fact that properties they will show me, they will have a financial interest in, because it could affect my purchase negatively. what are the pros and cons of going with an agent that requires dual agency vs. not?

Santarelli allegedly purchased from a government auction from the bankruptcy trustee and relaunched online.