Purchase price: $212,500 Cash invested: $50,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.

Hi Greg, I can understand your point regarding the equity and purchasing a performing note, although being able to purchase directly from the banks and at a good price effects this.

Purchase price: $63,750 Cash invested: $13,000 This was my VERY FIRST deal.

@Shawn Kostoff, @Jimmy O'Connor, @Justin Seng, @Rich O'Neill, @Eric Armstrong, I'm sorry for reaching out on such an old thread, but I just purchased 2 rentals in the last 12 months in Delco and looking to scale my business.

Looking for some advice on purchasing a four plex. 

This means you close your purchase and pray the appraisal with the proposed ADU has the value you think.

I am trying to set up an LLC and have it purchase the multifamily home for me.

So, like many, I've been intentionally on the sideline, but staying quite active with learning and keeping up with the economic data.

I currently have three properties that I purchased in my name as personal residences.

Purchase price: $660,000 Cash invested: $130,000 Sale price: $1,015,000 Bread and butter duplex in a really great area.