Keep in mind that lenders typically won’t fund the land purchase so this will likely have to be done with cash.

Purchase price: $135,000 Cash invested: $80,000Turned a 2 bedroom 2 bath house into a 7 bedroom, 4 bath house.

Hi Greg, I can understand your point regarding the equity and purchasing a performing note, although being able to purchase directly from the banks and at a good price effects this.

Purchase price: $63,750 Cash invested: $13,000 This was my VERY FIRST deal.

Looking for some advice on purchasing a four plex. 

@Shawn Kostoff, @Jimmy O'Connor, @Justin Seng, @Rich O'Neill, @Eric Armstrong, I'm sorry for reaching out on such an old thread, but I just purchased 2 rentals in the last 12 months in Delco and looking to scale my business.

I am trying to set up an LLC and have it purchase the multifamily home for me.

We are clients of Anderson Advisors and love using them, along with their yearly mail package. 

Hey Patrick,I just recently purchased my 2nd home with VA loan, kind of.

Purchase price: $660,000 Cash invested: $130,000 Sale price: $1,015,000 Bread and butter duplex in a really great area.