We partnered with a couple of Mexican citizens that have a strong network and see what kind of deal we can put together.

HUD homes are only available to owner occupants for the first couple of weeks, but because of the unavailability of money, investors were finding opportunities through the HUD market.As the banks started to lend again, the retail market rebounded and the HUD opportunities were getting scooped up by the retail market.Because of the availability of cheap money, investors began to leverage banks to achieve better ROI's on homes with lower cap rates.

I will utilize your recipe to the T and will read that post you provided shortly.Todd Dexheimer: I've read around 15 books on RE in the last couple of months during my free time.  

I’ve dealt with a couple companies that would only do cash out refi’s If you owned it 6 months or less after paying cash. 

That being said, with multifamily properties (at least with those over a couple units), the value is derived from the cap rate (net income / Price) as how that compares to similar multifamily properties nearby.

You will probably have to make ready 90% of these units when some one leaves.After doing my first couple deals I am a strong believer in staying really close to 20 units (or More) at a time give or take a little based on the deal.Remember you need a reserve account, and at the $1000/month you are probably looking at 4-5 months just to build that reserve account. 

We have a couple more in the pipeline that won't complete. 

Hey guys,I'm planning to convert my 1 story 1000 sqrft home to a 2 story 2200 srft home, in los angeles, CA.   My house is so old that financially it's not worth keeping anything. But I hear there are benefits (tax &a...

I have had it between $150-180 per year for that last couple years. 

If you go to some of the local REIA events, there are usually at least a couple Realtors around you could network with.I heard a great suggestion the other day -- find someone who needs things done that they don't want/have time to do.