I've been reading a lot of posts on BP, and it suddenly clicked that a deal I recently put together was done with NO money down!

But your idea of splitting the profit w/ PM lender suddenly makes it much less interesting to me.

One day I found myself at the bargaining table discussing a billion dollar transaction when suddenly I realized how blessed I was and that I I needed to share mysecrets with others.

If there were a sudden local or national downturn.

Thanks for the pointers @Kyle J.So my thought process around all this, which hopefully will provide more information is as follows:I don't want them to stay month-to-month on the market rent and then suddenly 3 months into it decide to move out.

My father owned a 16 unit apartment building as well as 2 multi family houses in Queens for several decades until he suddenly passed away.

Most of it will get resolved over the course of a few years.. and some even get insurance settlement checks along the way.Once litigation is over ( can be 1 to 5 years) lis pendance removed all of a sudden the 250k condo they bought for 50k jumps right back to 250k because the only reason it got to 50k was the litigation..

And do not fall for the scams that require you to pay a fee up front but your all of a sudden pre approved.. especially things you find on line or on Craigslist those are usually scammers that are just trying to get small dollars out of you... you will know when you ask them for a loan and all of a sudden your approved for some large amount even though they barely did any due diligence on you.. then they want you to buy some phony baloney bond  etc etc..  

In 2016 we saw a new trend of prices surging in the suburbs and slowing in the city center during the last half of 2016, reversing a years-long trend of urban neighborhoods leading the market with big price gains.At this point the smart investor may want to look to the suburbs...Also, the 7th ward is huge and is comprised of several distinct neighborhoods.

If I couldn't get the conventional loan in the first place and needed to pay cash for the property then why would I suddenly be able to qualify for a loan to refinance?