i am thinking i putting together my own spread sheet but i know that will not be an easy time.

Such a spread over a short term, even 7 years, will mean you are making money.

Spread between fed funds and bank rates make bankers rich.

An alternate title for my post could be 'Flippers and the Law of Diminishing Spreads'!

There may be better deals out there.As far as 5 units being commercial, I think they are already considering you commercial with the terms they are offering you.Also, rather than giving the bank 2 houses for each loan woudn't you be better off pulling as much as possible out of one rental and spreading it across your other new purchases leaving 4 unencumbered?

About a month later around the beginning of January the mold reappeared darker and more spread out over the ceilings.

Hopefully they'll get it corrected before it potentially spreads to other countries too.

To sum it all up, I think the important factor here for the OG poster is that playing in the REO field requires cash, and not having just an EMD deposit, you will find it difficult going forward.Save up for EMD's, build your buyer's list, and build your network of connections who can provide inventory with good spreads.

He, like you guys, heavily advised cutting my teeth on a smaller deal where the buy is in the tens of thousands and the sell is in the low hundreds, even if I didn't do it with him.I do think theres value here with this property (I am very confident in the 100k spread between the buy and the sales comps) and I just want to be sure I can't find a way to unlock some of it before I walk away entirely.Thanks again for the help!

SFR's are harder to control as they are more spread out.Taxes and maintenance tend to be higher on a per unit basis compared to multifamily 5 units or more.The Dallas market is healthier than many other parts of the country.With SFR's the renter usually gets more space for the money.Also the SFR will usually appreciate at a higher clip per unit once the economy turns around versus multifamily 5 or more.If there is low housing supply and permits for new builds versus more demand for housing then rents will go up.I believe many potential tenants don't see purchasing a house as a smart move in some markets so they just want to rent and let someone else handle the upkeep.I would just make sure that as inflation and commodity cost rises that your SFR are not to far away from the core.There will be in the future a wave of more intown living to reduce waste and cost of living since wages have pretty much remained stagnant.