I think $50k is too shy for Boston proper zip codes unless you're OK in a smaller multi family.

.: The real funny part is that there are other Landlords that will accept it.

Hello @Anthony J Campanella I’m thinking of purchasing a multi-family in Albany and would just like to know about the current climate of subsidized housing in this area.

Interested in multi-family or commercial syndications.Best,James Jost

Of course, these lenders have a different risk/reward structure than the owner financing seller who has a “built in” $50k gain.The part I don’t like about doing a wrap is the personal liability the seller maintains for the underlying loan while not having control of the assets securing the loan.  

i have multi clients that flip and do brrrrs in Newark.

So someone toes up a property via a purchase contract and then sells that contract to a third party.  

There are not many multi-family options available in my local area, and the ones that are available are overpriced or the current rent rolls are extremely below market average($200-$400 per unit).

If you have the money, go with FHA for a multi unit property for your first property. 

Hello,I just landed my first multi-family property and one of the units is going to need some TLC.