Additionally, depending on how you plan on purchasing - most conventional lenders won't underwrite a purchase in the name of an LLC that has no income/history. 1.

So if your intent is to rent it from the get, then you could be on the hook for fraud.

They were purchased at an average of $125,000 each.

As far as purchasing leads, I don't know a reliable source. 

I'm a first-time homebuyer and recently purchased a multifamily property in Canton, MA for close to $900K.

Hi,it’s off market through a friend that introduced me to the seller and has purchased a property from this seller in the past.

The only thing that has changed by the new law is the pre-negotiated commission can no longer be listed in the MLS, so now agents that work with buyers will now be required to have clients sign an agreement committing to a certain commission percentage to the buyer whether or not the home that they purchase has a commission offered by the seller. 

Depending on credit history and how the property would perform from a rental income standpoint you may have access to up to 85% financing on an investment property 1-4 unit purchase. 

Purchase price: $350,000 Cash invested: $16,000 Sale price: $392,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Glenn Klingensmith, successfully completed a fix-and-flip on Finsbury Drive, Spring Hill, FL.

These would be purchased when you close your deal.