Let's say you want to stay conservative and only take 50% LTV, or $500,000.00, so that you don't have to sell anything in case of a market correction and there's a margin call.Step 2:  Purchase a rental property, all-cash, with that $500,000. 

Purchase price $240,000, rehab of $40,000, probably worth 320000 after rehab. 

I would like to possibly purchase a multiplex 2-4 units that is a proven winner when comparing costs to return. would this be ideal?

My focus is going to be on multifamily so if you, have information you wanna share or want to be a mentor or possibly even a sponsor I would love to partner on some deals.

Recently a guy that I met on these board has contacted me because he had a guy that was behind a hedge fund looking to purchase in my area.

Hi, I have a duplex near Newark NJ that I purchased 4 years ago under my name, and have since turned into a rental a couple years back.

Has anyone identified a creative way to get residents of properties purchased at foreclosure to leave on their own without having to pay Cash for Keys or bearing the cost of evictions?

@Abigail Irvine so you don't show enough income to qualify for an owner-occupied mortgage, so that leaves DSR loans on rentals as your only option.At the minimum 20% down required on DSR loans, your $20k barely gets you to a $100k purchase. 

Hey Doug - please reach out - happy to pass on CJ's information. 

Granted MFH are more common in rougher parts of central jersey and my purchasing power can't acquire me something in North Jersey here homes are much more desirable when it comes to appreciation and schools and safety.