Any other Newark investors using cap rates to back into a purchase price when making offers on small multi-families (2-4 units)?

Looking for 4-6 unit, condo style, multi-family property.

The degree to which you renovate will in part depend on your market demands and what your competition offers.

All four of us participate in ATA Taekwondo, and we just earned our 1st Degree Black Belts in June.  

What are some real world rates/terms/fees you've been gettting for commercial multi-family in recent months?

This works fine for value add multi-family or office where the pref can be paid from existing rents, but not for ground up where income must wait until the project is completed.Where ground up is concerned, the only way to fill this investor demand on most platforms is by offering current pay on the pref from day one, but the only way to do that is to raise more money from the same investors. 

I'd like to leverage the equity but I'm conflicted on whether I should: sell, take a HELOC or refinance to free up some cash for another Multi Family, maybe commercial bldg. 

At this point im looking for multi family properties but I'm open to anything and im sure there are strategies im not aware of. 

I am in the process of building a duplex on Panama City Beach, FL . The parcel is in an unincorporated (Bay County) portion of Panama City Beach with water and sewer being supplied by the City of Panama City Beach. PC...

In looking to develop small multi-family, market-rate LONG TERM holds properties (four to 12 units) specifically.