Hi everyone,I am interested in purchasing my first multi fam (8 units) in Arkansas and looking for some advice. 1.

The person that left one six years after purchasing the Guide made over $200,000 last year

You can get 10% or better net caps based on cash purchases.

I was considering a 50/50 partnership minus any money invested into the intial purchase or for renovations. 

Hi All, We recently purchased a duplex we're planning on house hacking-- we're going to live in one unit and rent out the other. 

If you have completed rehab to support using the appraised value vs. purchase price to determing LTV, yes.

@Jake Berlin- thanks ...I would recommend getting a loan approval  started  using a hypotehtical purchase price and loan amt ...This will allow you to get  organized/ educated and  prepared  and many of your questions will be  answered - good luck

We purchased our first rental in Aug 2023.

Purchase price: $3,285,000 Cash invested: $2,463,750 https://www.zillow.com/homedetails/4458-Mammoth-Ave-Sherman-Oaks-CA-91423/19986445_zpid/

Hey Everyone,I just graduated college with no debt so I want to buy my first property and House Hack with college students, I found a property currently selling for $175,000 dollars, but I think It can be negotiated to a lower purchase price since it is a little outdated and the other houses in that same street have sold for less money, although it is outdated it could be rented for $550 dollars a month + utilities  and since it is a 4 bed, 2 baths; renting out the other 3 bedrooms while I live in one of them would help me break even with the house's monthly expenses.