., for me, it is unclear if this home by home or for a business with multiple assets.

GRM is pricing a property based on a multiple of annual gross rents.10 plexes in an area are selling for 10 times gross. 10 units at 750 each 7500pm x 12 mo= $90,000 x 10grm = $900,000 value.

Greg:Regardless of whether or not the "market has changed", you have proven yourself to be a legitimate player to those brokers.

Did they cut a check for the whole amount or make multiple payments?

There are a few of ways.For one, you can look for owners that own multiple properties in one area.

No down is enticing, as is multiple units on one loan.

This was inevitable, but still very interesting to see which big names are surfacing first.Builder Is Constructing REIT for Home Rentalshttp://online.wsj.com/article/SB10001424052702304451104577392383812726556.htmlIt will be interesting to see what other big players pop up in this space and in what capacity.I'd love to hear the group's feedback on this.For those pursuing this or serious about it, please let me know.

Andrew, I'm not Glen, I'll let him explain any difficulties he may have had.I believe many of the main issues have been addressed here, but I'll mention the key factors, but first address the multiple unit aspects.There are several branches of this N/P housing tree.

This depends, once you approach raising $500,000 from a group of multiple investors it is likely time to look at registering and creating a private placement.

Some residential LOs I know say New Penn Financial is a good lender for investors who have multiple mortgages.http://www.newpennfinancial.com/