He is reluctant to accept my all-cash offer, which he believes is very low.

I want to show you how I was able to put 0% down on a house hack/live-in flip in the Boston metro area…not to toot my own horn, but because I believe that ANYONE can create a good deal when buying a house hack.Deal Backstory: Driving for Dollars, “Farming” and ReferralsFor the past few months, my wife and I have been putting in offers around the Boston metro area only to lose bidding wars with people paying $50k to $100k over asking.

Great neighborhoods, great ARVs but the number off the MLS will not work and investors with deep pockets make cash offers that can knock financing offers out. 

@Geoffrey Paugam- agreed ...if you are  needing to use financing to purchase - make sure to have a full loan pre approval in place  before searching / offering for a new place . 

An experienced entrepreneur in the same field has offered a partnership, planning to invest $25,000 with a projected $50,000 profit.

There’s no money-back guaranteeThe most reputable programs will offer some form of money-back guarantee.

This will be subordinate to the existing FHA loan, but you’ll need to qualify based on your credit score, income, and debt-to-income ratio.Home Equity Line of Credit (HELOC): A HELOC could also be an option, offering flexibility in how you draw and repay funds, though it might come with variable interest rates.Balloon Payment Loan: This type of loan can offer lower initial payments with a large lump sum due at the end of the term.

As of November 2023, Fannie Mae offers a great 5% down conventional loan on multi-families.

Hey BP,I am looking at 5-plex opportunity deal and was hoping for a little insight on cap rates there.The property located in 35204 zip code.Does anyone happen to know what average cap rates are at right now in that area?

Hey BP, I am looking at 5-plex opportunity deal and was hoping for a little insight on cap rates there.The property located in  35204 zip code.