I'm currently looking at a Multi Family deal with Victor and Y Street Capital and was hoping to connect with someone that has worked with them in the past.  

@Lucy Ahl do one of you guys have a LLC that can close on the house with the funding?

When I bought my STR, a couple of months after I closed I was killing it with bookings.

Feel free to reach out if you'd like a connection or any advice!

I've found that great things happen when people talk and I'd love for us to stay connected.

I want them to see the total picture and then keep whittling down to where they get close to say a 5% error rate. 

Buy box: Location: Approx. 30 min drive to Boston Heights, for workNeighborhoods: Decent walkability score - not far from shops/restaurants/trendy neighborhoodsIdeal tenants: Close to hospitals/universities/schools for professionals/students/familiesBudget: $175-250K - Buying w/conventional loan, 5% down/ approx 20K reno.Property type: MFH 2-4 units - preferably side-by-side, with a yard we can fence for our dogUnits: 3+/1+ - better if 1.5/2 bath per unitTimeline: Plan to live there for 2 years, but possibly only 1 year if we find another investment opportunityGoal: Focus on appreciation - would like to see cash flow in year 2-3 (the year we move out), including overhead (Vacancies, Maintenance, Utilities) and budgeting in PM if eventually we don't manage ourselvesValue add: Opportunity for some forced appreciation, but not a full reno - cosmetic upgrades and updating kitchens/baths while we live in one unit.

Buyer was a real estate agent and all that information was in the mortgage and note and closing was with an attorney. 

There were people in PA who got hosed because of some contract for deeds from harbour back in the day where I believe the current holder had to go back and reamortize the loan and some of them were paid off or close to it when the buyer thought there was still a good amount of UPB left.

Once I plug in all those numbers, I'm pretty close to breaking even.