Purchase price: $115,000 Cash invested: $35,000 Sale price: $240,000 Move in ready, fully renovated townhouse, 2 bedrooms with 2 1/2 bathrooms and ample closet space including walk-in closets in each master bedroom.

I am planning and preparing so I can purchase a 4-plex in a little over a year, just want to know if any of you have some YouTuber recommendations outside of BP. 

They will determine how to block it up. 

There are programs available that will allow up to 85% loan to value on an investment purchase. 

And purchasing in a high end college town eliminates any "deals".

Part of the game is getting in front of homeowners but once you are there, you'll need to know how to determine a property's current AND after-repair value (ARV).

I used to think that most investors purchasing mortgage notes were clueless as to the mechanics of how it worked.  

This is an email I just received from their rep:"The initial appraisal cost would be paid by ReadyCap but the expense would be taken from any from the sale/refinance and settlement to release the lien.The plan would be to determine the amount of equity based on the updated appraisal and first lien and then negotiate a settlement with you for the release of the lien.

In the industry this is most commonly known as a "Fix and Flip" Loan.We are correspondents with dozens of lenders who offer this type of loan.Most commonly, the loan will cap out at 75% of the ARV (But Investors do need cash, this is not a 100% financed transaction)75% has to include the purchase price and the rahab amount requested.The terms can vary greatly.The two most important areas that will impact the terms the most is 1.

What sales price range are you targeting on this purchase?