. :-)TLDR: if you want to feel good get a 5 year warranty for 10% of the price after you save more than that in the purchase.

We also purchase a good bit from wholesalers. 1.

Condition of Properties: It's understandable to feel hesitant about purchasing older multi-family homes that need a lot of work.

Feel free to inquire about their staff qualifications if it's a larger organization.2.

The larger the spread between the cap rate and the cost of debt, the more leverage I'd use while keeping an eye on overall risk balance.  

What would the requirements be to buy a multiunit under a new business name and how do I continue to purchase more multiunits in the near future under that same business?

Purchase price: $38,000 Cash invested: $25,000 2 story 3 on 1-1/2 with an unfinished basement and 2 car garage.

Purchase price: $35,000 Cash invested: $20,000 Sale price: $95,000 Fix and Flip, Purchased from a neighbor that bought it from an older couple that could not take care of the home or themselves anymore.

I want to find out how I can purchase the land back so I may rebuild the house.

Purchase price: $370,000 Cash invested: $65,000 Here is my link to my first Airbnb!