I’ve got about $25k cash, $60k in credit lines, good contracting and industry experience (did multi-family portfolio management for a while) and no job (so no mortgage opportunities).For you MN folks, what’s the bottom of the “crappy but not tear-down” bad?

Investment Info:Small multi-family (2-4 units) buy & hold investment in Los Angeles.

First off, I commend you for jumping in at a young age and focusing on multi-family. 

I have someone who will walk me through two multi-fam deals, that I think I would like to keep and start the monthly $ coming in.

I'm putting an offer on a multi-unit duplex in Panama City Beach, FL.

Yeah, but multi family in certain area is still very competitive.

If you have the reserves I will buy an owner occupied multi family to rent out. you can use partial money of the heloc from your dad since your don't feel confident yet.Best of luck.

I went for a refinance over 2 multi family properties and we ended up refinancing one and the other was left free and clear.

I am looking to start investing in single and small multi-family rentals in the San Antonio, TX area and would love to start building a great team.

I’d also recommend finding a focus, and learn as much as you can about that niche of the real estate industry (SFH rentals, Multi-Family, flips, notes, etc.).