This mortgage meltdown was an 80-year cycle so it was an opportunity once in a lifetime for whoever that took action.

@Stephen Dominick - here's a couple of @Brandon Turner linkshttp://www.biggerpockets.com/renewsblog/2013/04/09/how-to-buy-a-small-multifamily-property/http://www.biggerpockets.com/renewsblog/2013/06/14/50-percent-rule/And an excellent @JScott link (they'd be more excellent if the mentions worked, oh well)http://www.biggerpockets.com/renewsblog/2010/06/30/introduction-to-real-estate-analysis-investing/

that's 120 percent Cap rate !

Adam I put 25 percent down as std investor loans so that helps cash flow of course.Example 1.

They had to balance, family, friends, budgets, and jobs, to even begin thinking about REI.Please don't think that I am bashing you because you have advantages that many do not but please don't think that everything is easy because you do have advantages.Many men and women have lost fortunes in their lifetimes and had to start over with nothing.

I honestly don't know.Joe, my first offer was a few percent below list price, my counter offer a few above and I submitted a pre approval letter.

That is way too far away from that 1% guideline and a property renting for only $500/month means it's not in a great area and should never have sold for $70k, unless you bought it long before the market crash.If it helps, check this article out I wrote-http://www.biggerpockets.com/renewsblog/2013/04/14/the-2-percent-rule/With all that said, the US is a phenomenal place to invest.

I've learn to accept my 6-9 percent cap and I'm making good money.

Your rental you mention there, technically you aren't really cash-flowing much because that margin is so low that any repairs or vacancies will hit your cash hard.For more on the 2% rule, although not completely related to what you are asking but can't hurt to check out-http://www.biggerpockets.com/renewsblog/2013/04/14/the-2-percent-rule/

But what was the sydicator's down payment in this self storage deal vs what percent was funded through this means?