Also ask what LTV they will do on a refinance for a recently bought property.

Nobody wanted it.So we bought it, redid everything from floors to siding, fixtures, master bath, kitchen, paint in and out.

For instance, NYC multi family will definitely not cash flow positive with 10% down unless you bought it dirt cheap which rarely happens.

hi BP,I recently bought some foreclosures from the county's forfeited land sale in Ohio (no redemption period), as you all know, the title is cloudy so the strategy is to rehab and hold to rent.

Store front, 2 apartments.

I thought I heard there would be but I don't see it here on the website store. 

My wife and I lived in a triplex i bought on a first time buyer program.

W2 jobs make it much easier for financing, otherwise you’ll need to wait a couple years most likely.I was in your shoes a few short years ago and bought my first rental a year out of college.

The rest bought cash by bringing in partners who brought cash to the closing table.

If I was guess I would say minimum of 100k to buy the equipment .. then you have staff and that is always an issue.she also has an ATM  but that has caused her to get broken into a few times.. but it does create revenue.and its a lot of work.. she also serves light food  breakfast sandwiches  lunch  sandwiches etc. you need commercial coolers in the back to store the gallons upon gallons of milk etc.I have seen out our way these do pretty good and that's the little mini drive through stands that are manned by one person and or two max.. all in a little trailer with drive lanes on both sides.. hitting the commuter traffic. you get permission to put one in a shopping center parking lot that kind of thing.