If your comps were sold by a real estate agent and you are using them to justify your price, that is like trying to sell your car at a car salesman's price instead of an owner's price.In any case, if you need to lower the price, make sure that the price drop is a decent amount versus a "drop in the bucket."

Investment Info:Single-family residence fix & flip investment.

My original loan amount is $323K, balance left $319K at 7% and 28 yrs and 8 months left.

I have always dreamed of owning and operating multifamily rental properties ever since I was a little kid.My mom has been in realestate ever since I could remember, everything from being a realtor, fix and flips, buy and holds, and long term rentals.

Investment Info:Single-family residence fix & flip investment.

He has owned it for over 30 years and has no debt, so seller financing is possible and he doesn't need a large amount of cash soon. 4 of the 6 units have been recently updated. 

Welcome to the community and be ready for a huge amount of information at your finger tips.

As someone who's relatively new to the Fix-N-Flip business, I'm fortunate to have a mentor guiding me, he's successfully completed 37 flips to date.

But if you have to jump through hoops or spend a significant amount of money to put it in might not be worth it. 

Typically people think FHA because it's what's thought of as the least amount down which is commonly the goal when we all get started.