We acquired this deal through land contract, putting very low cash out of pocket and receiving a very favorable term and interest rate.

Purchase price: $150,000 Cash invested: $9,000 Small multi-family duplex acquired off market.

Refer to the bylaws, there should be a remedy and due process for enforcement outlined within them.

Scenario: Acquired a rental condominium 12/21.

After some negotiations with the seller I acquired the property all-cash for $83,000 expecting to put in $6500 + about $2-3k to replace some windows, some electrical outlets, and other miscellaneous expenses.

I recently acquired my real estate license, so I have access to MLS, and I've been saving for a few years and have 35k put away.

The best rental properties to own are some of the more difficult to acquire. 

We have one on our primary that we have used multiple times to acquire rentals for cash.

(I.e it’s STR for 2 years, LTR for 3 years and then you live in it for 5 years. 1/2 the time it was a rental and half it was your primary so you owe capital gains on half of it plus 100% of the depreciation.)And if you acquired it using a 1031...all the taxes for cap gains and depreciation you deferred in that 1031 would also be due. 

Here's the jewel of it.My partner and I are looking to get financing on a Tri-plex in Central FL, we will be splitting the down payment.We'd really love to get into the property with 20% down max if not less, most conventional lenders ive spoken to have said they cant get anything under 25% on an investment property, But I'm determined to find one that can. whether it be DSCR/Rental loan, conventional or whatever products are available to fit with our goals and criteria while stilling giving us some scaling capability as were not looking to stop at this property, hopefully 2 more multifamily properties to acquire in the next year to 18 months!