If you low ball multifamily homes that have been on the market for awhile, you can even find 2% deals.

I think it would be better for me to get the REI ball rolling by looking for larger multi-family deals rather than waiting 12-18 months until I move back to Ohio.

If you just offer $20,000 it looks like quick low ball offer. 

Here are some things that we discussed for base criteria just to get the ball rolling.We are both interested in B to C neighborhoods and properties around 120k-160k per door.

I’ve been trying to connect with wholesalers in the area to find an off market deal that can get my BRRRR ball rollin’! 

Help him see the justification for the cost and that you are not trying to low ball the number. 

One thing with honeybees is that if they aren't managed properly hives can split and half the hive will leave and try to find a new place to live, this is called a swarm and it's literally a huge ball of bees that are all surrounding their queen looking for a new place to make a home. 

Yep, commercial lending is a whole new ball game.

From your crystal ball, what mistakes am I going to make initially in doing Residential MF RE syndication?

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Des Moines.

Purchase price: $125,000

Cash invested: $15,000

Packaged Deal with this property and the property right next t...