I have read a few of the articles on here that have discussed how to analyze multi-family homes.I do have a couple of questions revolving around the financing.

I have posted elsewhere how I structure my land development deals but here I will discuss how I negotiate them on the MLS.By the way, I have been an active agent since 2005 and no I don't work with investors LOL (although the listing agent on my team is very good and I do refer stuff to her).

@Sal Mazzone Do you trust your partners...why could't you relinquish your interest in the LLC temporarily and then re-join after the deal closes?...

Most of the demo has been completed, all windows replaced and the home was re leveled.

I've slowly been discussing the idea of investing to her and she's completely on board with investing, but she would rather do the comfortable option and use the profits to put into OUR next home.The way I see it, I have several options (probably more that I don't see as well)We could sell and use the entire profits to put into our next home.

When we sell a house, the listing commission is minimal ($250), and is just a minimal part of the seller's closing costs - I make my money off the profit split, not the commission, when we re-sell.Let me know if you have any questions.

What are you looking to do in RE, do you know?

I am meeting with a tax person tomorrow to discuss my plans.As far as the capex, I was thinking I should really use the 18000 initial investment number for CoC because I definitely will me saving that money back with the cash flow.

Not only does it give you downside risk management (lots of podcast guests, as well as Bloomberg and other news sources have been talking about weakness or coming weakness in RE markets), it also saves you money by giving you more cash which you can use to pay the loan off early. 

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe 10X RuleThe E-MythThe 4 Hour Work WeekBiggerPocketsPodCast -I hear #136 is exceptional!