I am planning on buying a primary residence that I can get as a decent fixer-upper.

Investment Info:Large multi-family (5+ units) buy & hold investment.

I've worked on private RE deals at hedge funds, I'm currently developing 2 projects, each 18 unit workforce MF's, and buying a property at foreclosure auction.

Also, the difference between buying a 2 unit and a 200 unit will make the answer to this question irrelevant. 

I plan on buying more in the future, but likely with financing. 

I bought a house at a foreclosure auction and am in the process of signing contract and preparing for closing in 30 days. The house is currently occupied by the people that the bank foreclosed on. From your experience...

In the years I've been doing REI here, I've never seen the market so lacking of decent buying opportunities.

There doesn't seem to be any incentive to buy when you eventually want to sell.

I know which product that you are referring to. the conventional mtg product has the following features. 1. minimum 15% down payment 2. 30 yr fixed term 3. rehab and repairs can be included in financing 4. borrower can be a first time investor. 5. no prepayment penalty. 6. the contractor will receive an initial draw at the closing table. 7.

Hi all,I want to buy my first triplex or duplex.