We want to get into MF (2-3units to start) doing BRRR... and rent out for Mid term rentals.We see a house that meets our buy box, and our investment goals are;- $300 gross profit cash flow per month- 30% equity + with forced appreciation after rehab- Refi (if rates come lower!)

Purchase price: $250,000 Cash invested: $50,000 Sale price: $452,000

Purchase price: $330,000 Cash invested: $11,000 Sale price: $355,000 Fix and Flip

Purchase price: $250,000 Cash invested: $50,000 Sale price: $452,000 Fix and Flip

We are super transparent about how our contracts are laid out and how that works and are happy to share anything you need with you :)  

I suspect your correct he is too busy hauling his wheelbarrows of cash to the bank :)

Those points have now come down so we're seeing more folks in az using that program to buy from out of state.   

The price per sqft is very high for an office built out for medical use.. however, there is an in place tenant paying strong rent with 3% increases for 10 years (close to 7% cap, NNN)What I don't understand is why the tenant agreed to pay close to 2X market comps in rent in price per sqft per year for this facility.

I've been looking at the IINDY and other areas wondering how can I possibly do business out of state now without having to pay an agent with this new screwed up NAR BS!

For short term bridge loans with rehab, if the area is a lender preferred area (you learn these areas by doing lots of deals and noticing in what situations the lender offers their max terms), and your credit is good, and the spread is above average then 90% of the purchase price is possible, so you only come with 10%.But I can already tell what you are after I feel, are you trying to find out how cheaply you can be into a deal for?