Make sure you are very up front and transparent about the transaction and your intentions.  

Granted you could do it yourself and save close to half that.A PM can save you money by giving you the right suggestions for unit turnovers to increase the rent and yield more. 

It is basically a brand new house from the foundation up.

There is an $80,000 assignment fee so we ended up paying a bit more but our only down payment towards the building looks to be 30k.

I currently have a handful of single family Section 8 rental properties.Ultimately I'm looking to understand the best way or multiple ways of coming up with the down payment for something that’s priced in the 2M-3M range.

I bought a house with my ex, and after a few years, we split up (on good terms).

Mortgage through builder with all their closing incentives.

Hey BP, currently working on wrapping up a novation deal in Sacramento.

We have been flipping houses mainly and started 1 1/2 years ago.We are up to house #15I recently bought our first multifamily -  3 family in West New York, NJ at a Sheriff forclosure auction.  

They owe 68k, it does need some work, I’m willing to put in the work to bring the value up if I can get it back on the gift, it should be worth about 200k, the house next door sold for 225k.How does gift of equity work?