You can potentially negotiate that the seller catches up with his taxes, but that would automatically raise the price, so it does end up coming out of your pocket either way.

@THU NGUYEN My understanding is that lenders here are still lending, but the loan qualifications have been raised a notch or two.

Once this lull passes, I hope to be ready to go to continue raising capital and getting the next fund going.I'm also finally getting my office fully organized, which has been a low priority for months.

Among the paperwork, there was one proposal/bid that stated for $8,950, they would:1) install the beams to reinforce wall to prevent further inward movement2) patch cracks on all walls with hydraulic cement3) raise window well on N side of home and haul in 12 yds of topsoil to improve the grade around the homeThat contracting comp has a 10 yr vertical wall restraint warranty against any inward movement, transferrable if you sell the home.

How to analyze Multifamily using the BP calculator if the previous owner is willing to finance a percentage of it.Also if it has room to lift and raise rent and increase decrease total cap rate; increase ARV, do I then use the BRRRR calculator?  

You may also want to consider raising the vacancy allowance a bit. 8-12% is usually more reasonable/conservative.

The key to raising Capital is to focus on the investor and their needs.

Thanks for the advice and we’ll sure look out for the points that you raised.

It took us a little longer to raise capital as the virus started to affect things but we got there with reserves.

Beside getting educated, you need to raise capital.