You're still waiting ten years].The main counter-argument used here on BP is: How much more could be achieved with that extra $100k than merely paying off a low-interest-rate mortgage early?

Hi Paul,The main risk with buying a wholesale property is that they're usually sold as-is with no contingencies.

UPS box is more expensive, but can do more things such as used as a business entity's main address on record.

I live in a costly area, and this is the main stoppage point of getting me to just jump in.

The main advice I would recommend is to begin networking.

The problem is that they are not knowledgable enough to understand that the analysis is inaccurate, but start making investment decisions based on the analysis anyway.That is one of the main problems I wanted to solve with DealCheck by providing a tool that takes most of the guess work out of running analysis calculations and evaluating rentals/flips/wholesale deals that will satisfy 80%+ of investors out there.But going further, I think that tools like DealCheck are perfectly viable even for more experienced investors.

Main benefits to this strategy include:- Low down payment options (as low as 3-5%)- Acquisition experience- Property management experienceThe NYC metro area has nearly 2,000 available 2-4 unit listings on the market.Other new investors consider the BRRRR Strategy.All the best to you on your journey!

it will be used mainly for MTR. 

Your main concern should be whether these bedrooms and bathrooms on the lower level are legal and have the proper egress require for fire code and livability.

If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.