Let’s explore some examples here:If you purchased a property with a 15% down conventional loan (85% loan to value) and you wanted to get cash out, you wouldn’t be able to do so since the cash out limit is 75% of the “Loan to Value”.

It sounded much safer than pricey Cali where I live since they said you could get a house (Im exploring single and not just multi because of price) in the midwest for 75-100k and then went on to say something along the lines of being able to get lower quality for even less.

Depends on where you obtained the 800 owners data.

Hello Again!I am trying to make a list of properties and owners to reach out to directly to discuss purchasing their properties. Commercial (not multi-family). It's in a relatively small market but one I know pretty w...

If you do not have actual verifiable data start from a conservative point by using the 50% rule for cash flow. 

Also ask him or her to give you a list of historical sales data for these areas for the past 2 or 3 years, this will allow you to analyze the areas to figure out the mean and median GRM for them.

I'm thinking obviously custom home builders, a realtor that deals with customers wanting to build custom homes, or some type of broker, but what is the best avenue to explore?

Kareem, We are an REI firm in Scottsdale and do anywhere from 2-4 deals a week wholesale and we have realtors that use our data and ringless voicemail to get interested sellers to call them, marketing is a relentless task but eventually you will build your pipeline.Anyway good luck!

My scenario is this I am exploring a new market and putting together a 3 member partnership. 

Average is a dirty word in modeling….. and you can’t model using only the average.Take a look at your data and decide what distribution each variable should follow.