It is amazing to have a place to supplement that space so you aren’t so hard pressed to get another property when the numbers aren’t right. 

A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to [email protected] and someone will help you.

I used a local independent agent and when this was his best answer - I tried to shop for other options and came up empty so far. 

So far, our local bank that has financed all these projects has required personal guarantees of all four of the partners.

I'm new to the community and looking to buy a foreclosure as my primary residence and my first BRRR (of sorts)I am a General Contractor so the repairs do not scare me at all.

Some good and some not so good. 

We have one owner and one tenant so far and we are currently setting up Buildium.

You can also joke with the seller and say - so I just want to confirm, you are happy with taking 15 cows for this property.  

We've been happy so far with ours; we also have a 3-family. 

With the lower LTVs offered by senior lenders these days, it may be tempting to look at preferred equity and it may make sense since technically it is cheaper than LP equity, but also keep in mind they have a higher liquidation preference (obviously) but will often want all the cashflow (or a majority of it) to come to them before the LP investors and will also want large reserves, so make sure you model out the cashflows and understand the end-to-end deal with the preferred equity investors.We have some institutional investors with whom we did a combination of a pref and JV deal and it worked quite well for everyone including them and the LP investors.