(Why let Fossil-Fuel energy companies skate?

If I was able to put 3.5% down via FHA loan, and utilize much of the rest of capital for rehab, we could increase equity across perhaps 4-5yrs, reduce monthly expenses and begin to see this start turning profit via appreciation, tax benefits, etc. 

Between this, the "normal" seasonal increase of home sellers in the summer (which, when combined, may cause a short-term glut), and the reduced number of buyers able to buy due to current economics, I think prices will go down before they go back up.If you want to discuss this further, feel free to Connect and/or DM me.

So now, I have no job, I’m still waiting for these unemployment checks to show up, so zero income, and will likely have zero rental income in the coming month, and already am receiving significantly reduced rental payments.

Goal: Buy a class A or B multifamily for my family and my extended family while trying to reduce housing costs and build equity in NJ/NY area using a VA loan.Requirements / Wish List1. 2-3 bed room unit for my own family2. 1-2 unit for my extended familiy3. an extra unit for rental income4.

We've found deals but my realtor runs it from there - showings, inspections, code enforcements, the SPIR, tenant notices, necessary docs (lead paint disclosure, fire & safety, energy audit, minimum housing certificates, etc...). 

Over the last year, Courtney Buck Investments has been sourcing, raising capital, and investing in the large multifamily space, you may be wondering how we purchase to preserve capital, pay at or above a preferred return, and reduce our investor's taxes.

I am open to doing both, I just need to know where I need to spend my initial energy and focus before moving onto the next.Thank you very much everyone,Sean in Atlanta

@Ruchir Kaul Another thing to consider is that with the foreclosure moratorium included as part of the CARES stimulus Act, foreclosures will dry up for at least another 6 months to a year reducing available inventory.

I'm currently negotiating w/ seller to reduce price to between $85k to $90k based on the major rehab costs.Total rehab costs: $31k get it rent-ready.Annual prop taxes: 2,237.72Total rent: Between 1,010 to 1,250 per month for both occupied units, depending on how bad the recession will become later in 2020.Lawn trim, snow removal, gas, electricity, & water: Tenant pays.Property management: I assume 10% of rent, so $101 - $125 a month.NOI per year: $8,670 to  $11,262.Flood insurance: None.Home insurance: $556/year paid outside of escrow.CAP rate: 6.46% to 8.6%.