Most recently, I was getting 9% apr on the PMI related portion of the down payment (anything above 80% LTV).

Dont be taken.Maybe you can continue to ask friends or relatives for the money.

(a) “Common Area Operating Expenses” are defined, for purposes of this Lease, as all costs incurred by Lessor relating to the ownership and operation of the Project, including, but not limited to, the following:(i) The operation, repair and maintenance, in neat, clean, good order and condition of the following:(aa) The Common Areas and Common Area improvements, including parking areas, loading and unloading areas, trash areas, roadways, parkways, walkways, driveways, landscaped areas, bumpers, irrigation systems, Common Area lighting facilities, fences and gates, elevators, roofs, and roof drainage systems.

Because this is an all-cash transaction the closing should be relatively simple.  

even if the monthly cash flow is relatively low (100-300) for an example?

even if the monthly cash flow is relatively low (100-300) for an example?

Hi all, relatively newer RE investor here.

There are a TON of incompetent "mom and pop" landlords out here and with a 5+ unit property the value of the building is directly related to rents (ie more rents = more equity to purchase the next property). 

Many members are experts in their respective fields related to real estate investing, whether that is real estate brokerage, wholesaling, flipping, buy and hold, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty cool discounts on various products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t checked it out already, the Bigger Pockets blog features links to their awesome podcast and many great articles: https://www.biggerpockets.com/renewsblog/

Hello Folks,I am a relatively new member here on BP and completed my first new investment property purchase in Pflugerville, Austin (TX).