Good afternoon, I just closed on a multi-family property (4 plex in an older home) . 3 units are rented, 1 is vacant and there is a shared common area for laundry.

In the process of BUYING a PURE Option to buy a SFH subject to an existing loan (at a lower fixed long term interest rate)Let say the OPTION "Strike price" to BUY the property IF or WHEN the OPTION is EXERCISED is $300K The seller wants $60K to sell us the OPTION.

-> Quarterly Webinars for syndications-> Pictures to lenders showing progress-> Calls with lenders sharing our updates2) Conservative underwriting is key. 

For that reason I've decided to go the turnkey route on my first property.

Due to his lack of communication ability he has to work through third parties such as myself to obtain this critically needed information.

Purchase price: $245,000 Cash invested: $50,000 This was our primary residence that we are lived in for 6 years while we fixing up and renovating. 1963 farmhouse that was outdated and loads of half a$$ work and deferred maintenance.

Piggybacking off this thread from several years ago: https://www.biggerpockets.com/forums/104/topics/994025-flock...Wanted to see if there were any updated opinions?

It’s definitely a solid path to financial freedom, especially if you’re looking to scale and free up more time for your family.

I'm a "new" realtor looking to learn more about investing from teaming up with investors.

Welcome to BiggerPockets, Arlette!