I’m definitely his top producer.

If you have a Class B quadplex in the same market, and it produces $50k per year in net operating income, and you know that investors are buying at a 6% cap rate right now, then you can probably assume that your property is worth $833k based on the market cap for this type of asset (because $50k ÷ .06 = $833,333).To look at it in the other direction: If an investor paid $833,333k for it, they'd earn an annual return of 6%, because $833k x .06 = $50k.

For example, if a property is $300,000, and is producing $30,000 per year, That is a ratio of 10 (rents divided by purchase price).   

I mean, even if I'm thinking maybe it's a scam, I can't imagine how this would produce a successful scam any more than a conventional sale with conventional financing.

Thanks Jason-I don’t know: my attorney is saying that as long as they can produce a mortgage rejection letter, they can walk away—the thing is that I spoke with the buyer and they already got approved for a mortgage but decided the mortgage closing costs are too high.  

Anything 5+ units the value is derived off of the NOI (net operating income) that the property produces.  

If there is, you will be drinking out of a glass that was produced and distributed from Toledo.  

I may want to refinance after one or two years because the Rental is producing enough income that I could get a traditional loan.Thank you!

Also, most reputable bigger brand firms have great tools, marketing, etc but you should also try to locate a solid office that does produce warm leads. 

Also, keep in mind that in my opinion, you would still be winning if your monthly housing costs went from $1,400 to $900… which would be the equivalent of producing an extra $500 a month in cash flow that you could save up for your next investment.Another way to increase cash flow would be renting out rooms in the unit you live in, either Airbnb or longer term.Best of luck and keep us all informed!