Purchase price: $155,000 Cash invested: $3,000 Sale price: $180,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a deal on Seattle Street, Modesto, CA.

The borrower has been paying on time and the CFD purchase price to property value is <50% at this point.

These have the highest rent to price ratio and have minimal cap ex since they are new.Another option would be to buy a short term rental, but that is going to be more expensive and is more active than long term rentals.

Not all syndicators are similar, there are some that take on huge risks and they might not even realize it because for almost 10 years you could buy poorly and the rapid appreciation bailed you out, going forward they might not be able to repeat what worked before.  

But again 39211 is very nice and of course the prices reflect it. 

So even if they sold it for the same price as they bought it, the properties were likely $250K, it will cost them about $3K in legal fees (buying and selling combined), then maybe $11.5K in realtor's fees. 

I'm seeing a lot of good opportunities in Cleveland recently for multi-family properties priced 90-120k that are renting out between $1,300 - $1,850+, it just depends on the types of neighborhoods you're looking to invest in. 

Purchase price of $2-2.1M, willing to put $5-600k down.  

Key due diligence focus areas for this type of assetAny experienced perspectives would be valuable as I move forward with this potential acquisition.

Purchase price: $186,000 Cash invested: $70,000 Purchased this unit through creative strategy, (sub-to) current is an Airbnb in Baltimore.