@Przemek @Przemek Kos I would agree with Rich, I would be suspicious of 5% unless the deal was less than 1 m.

If you go to a traditional lender, can you get a mortgage?

If all goes well with your first property, in six months or so you can have enough to finance another traditional rental + all the knowledge you gained from your first buyGood luck

It's not a get rich quick game.

Originally posted by @Rich Hupper:Hey Ronald.

I was told by a local investor that I should list the home with a real estate attorney instead of a traditional agent as I will save money on the transaction.

TuscaloosaSouth BendDes MoinesKansas City KSColumbia SCIf you want a list of those with just the lowest price to rent ratios, here's some:DetroitJackson MSBirminghamClevelandDaytonKansas City KSAkronHartfordAll the cities I listed should hopefully be more "target-rich environments" than the SF Bay Area unless my math was off or my analysis is wrong. 

And you've got to pay attention to those types of catches so to speak this business has been around for many years and at the end of the day those types of things are few and far between so you got to be careful of who the snake oil salesman or saleswoman is as a general rule these types of strategies are out there can be executed and done.So i'm not saying they can't be done it's just that they're few and far between for the average joe out there so the options out there are go with traditional type of financing i.e fannie mae freddie mac fha your normal mortgage lending and financing right that's one avenue where you're going to get your lowest interest rate with your least amount of money.

Unfortunately these articles are lacking real world examples of how the fees can transition into equity, or simply true examples of GP vs LP deal specifics.The articles speak to the 70/30 or 80/20 split of the cash flow after the 8% preferred but I'm more interested in how equity is split between GP and LP from the onsetMight anyone be able to share a few examples of how you have structured acquisition fees and management fees and equity through non tradition contribution?

The house cost 405K is a 4/3 and traditional rents will be 2100/mo.