That's what might be priced better, but with no experience and a plan to leave you don't want cap ex.

Purchase price: $95,000 Cash invested: $30,000 Sale price: $173,000 Purchase price – 95,000Closing costs at purchase & sale - $6800Total renovation costs $21,935Sold for - $173,000Total profit – $49,265https://www.zillow.com/homes/11311-marbern-dr-hagerstown-md_rb/37683475_zpid/https://www.realtor.com/realestateandhomes-detail/M5889931134https://www.redfin.com/MD/Hagerstown/11311-Marbern-Rd-21740/home/15360019 What made you interested in investing in this type of deal?

made an offer on a property only to find out later that one of the units was going through an eviction.tried to extend our inspection contingency to no avail to buy us some timeended up not being able to come to terms on how to proceed with sellerthe last HOUR of our inspection contingency the seller offers to try and buy out (cash for keys) the tenant the next day (he had a property manager handling the eviction and wasn't even aware of it initially).i get a (risky) oral agreement that even though the contingency window had passed, if the plan falls through my client will still get their EMD back the next day the seller ends up buying out the tenant for a bit over $3,000 and now we can move forward with the deal without the headache of a problem teanant/ picking up an eviction.

A high percentage of them are inexperienced and just shopping by price - which is really a waste of time for a good PMC.

Purchase price: $95,000 Cash invested: $30,000 Sale price: $173,000 Before moving in we had to remediate some mold in the basement.

Is there a loan that will include the purchase price and rehab cost?

Purchase price: $295,000 Cash invested: $22,000 Before moving into this house we had to add piers under the hours as the previous were not grounded with cement.

Whether you buy it is determined by whether it is a good investment.House prices will range depending on what people are looking for. 

I'm asking this question due to months of searching for multi-family homes to start my multi-family journey but the prices are way too high to purchase as a newby. 

Ask them to take 3% off the listing price.