If other fourplexes in the area are selling for more than $650k, then you have built in margin.  

The wholesalers I associate with fluff up their numbers to try and sell.

I mean if you could get it for $40k, put in $20k and sell for $100k, I guess a buck is a buck......

The investigation will focus on whether the group’s rules inflate the cost of selling a home.The renewed federal inquiry comes after the U.S.

This is usually Single Family or 2-4 unit BuildingsTo these sellers, I will always say: keep at least one unit vacant before selling if you can.Most Buyers are looking for a place to live, not an investment property - especially if you are selling a single family home.

So, that can potentially limit your buyers when/if you go to sell. 

the cap rate for single family in san jose is maybe 1-2% ; DSCR is 0.25 ; but with very creative strategy we can make it into 0.8-1.1 but the key is using more tenants per unit, also home that has basement and ADU like me, the unit can be rented and while my dscr is above 1.0 but banks can't use it so we kinda stuck to leverage but this creativity of multiple tenants per single family.i am now trying 40 year IO program from one of the lenders such as yours to quality, also i will try no-ratio DSCR at some point.Seriously, by combining hefty cash position + flip program + rent out to multiple tenants ; and sell it few years later, this is the less riskiest project we can do as landlord/flipper.

It's a much better, safer method of growth.

IF it's not too terrible (under $15k - $20k), the plan is to rehab and keep it as a rental, and if it's a big project, I'll probably just sell it as-is.

If you're only trying to sell to one buyer you're going to have trouble.