@Eric George Also contact your Insurance Agent before buying regarding costs & liability (As in an Umbrella Policy) or you may decide to title as an llc.

A partner and I who buy multifamily properties together, have a few investors who want in on what we’re doing.

Hi All,I want to get started buying notes and wanted to compare apple with apples.

@Amy Lin - If it were me I would have an experienced attorney start the eviction process immediately.They are probably going to hang on as long as they can rent free as they have the closing proceeds.They might care about their credit if they do plan on buying another place, so you might have some leverage there.

Then branch out to do more deals that way for buy and hold rentals once we get settled into our new home. 

I closed last week on a SF just under 20% net cap, buying two more next week with similar numbers.

I am stronging considering buying a tri-plex in the same city I live with my wife and kids. 

My husband and I are looking for our first property with the intent to buy others in the future.

Our 3 options are: A- buy cheap housing in small college town.

Buy low and sell high.