Hey Connor the way I look at it is depending on what your plan is with the property, if you plan to keep it for the long term and the numbers work (Cash flow, equity, Appreciation etc) then negotiate a price you are comfortable with and go for it.

I would look into the market and see if it is conducive to owning long term.

As long as you can get positive cash flow at today's rate purchase now. 2.  

When you broker/private place loans, there is not a cash drag to you as the broker in between loans.

They ha e a program where they send you leads of vacant homes and send you leads for cash buyers that allows you to get into wholesaling quickly.

I no longer work from a place of scarcity.I set myself up for success and work from a place of abundance.I have built my cash buyer list to close to 5,000 buyers, invested into a coaching program for private lending, and developed multiple exit strategies to be ready for any situation that presents itself.It let's me earn $40k per deal consistently today and occasionally hit some $90k+ homeruns.Embrace your mistakes, learn from them, and adapt.This is the only way to grow. 

For example, if your rental was located in the Fort Worth, TX area (Tarrant County in general) I would also recommend Resdoor https://resdoor.com/ to see what they have in terms of doors.

It doesn't take long to learn how to spot a good deal.6.

I currently have one SFR rental property in Indianapolis and looking to expand into multi-family, mainly for the purpose of more cash flow.

There are ways to use loopholes but it has to be done correctly to avoid issues.If you can rent your current home and it cash flows simply do a cash out refinance pull out some cash and use it for a down payment.