He approached me with essentially, "I have the capital, you do the work" concept.The Current Plan:We would utilize that $100k towards multi-family (possible look for a BRRRR property), I would live in one of the units and manage the other units for him.

Investment Info:Small multi-family (2-4 units) fix & flip investment.

I often go to the gym and have traded my heart pumping music playlist for Bigger Pocket podcast.

This will make the future sale and all income easier to track and also reduce my liability exposure.

Greetings to everyone. I own a 6-unit apartment building in Illinois, I paid cash so I own it outright. Currently only 3 of them is being rented, the other 3 is still under renovation. I really want to take a loan aga...

Investment Info:Large multi-family (5+ units) buy & hold investment in Chicago.

It’s a 3% down conventional product, generally favorable over FHA and I’m almost certain it’s available for multi units as long as you occupy one of the units as your primary residence.....Best of luck

Investment Info:Small multi-family (2-4 units) buy & hold investment. 2 Family in suburb outside Boston What made you interested in investing in this type of deal?

Investment Info:Large multi-family (5+ units) buy & hold investment.

On top of that they are relatively easy to sell, where something like a multi family has a smaller buyer pool.So back to the details..Purchasing my first condo with $30k cash, then another $10k, puts me at $40k total investment, I rent out for $800 a month, after all my costs I'm looking at $450 cash flow per month.