I don't know if you're aware but this building is under rent control and the 2nd unit's $1,900 rent cannot be raised much and there are tight restrictions on removing the tenant.The type of buyers this property is perfect for are two separate parties (think friends or siblings) buying it as a TIC with each party occupying one unit.  

I am negotiating with my friend to buy his two old houses next door, in order to have another multi-family rental.

Could I acquire the house by borrowing the 20% from a family member, then turn around and do seller financing to the individual?

hello my friend and fellow engineer/investor................

I am looking to expand my knowledge, build relationships and network with motivated individuals within my area.

Although I have read tons and tons of books, watch 100s of videos on REI; hearing the stories from you wonderful individuals is priceless. 

I too have a friend who's done a few of these jobs on the side and offered to do the work.

My friends and family are very scared of RE and constantly warn me about getting into it. 

Hi, I am looking for recommendations on investor friendly general contractor who can do gut rehab (interior and exterior) in Tacoma WA for 2 units (each of size 400 and 480 sq ft). 

I found out that a family friend does a little bit of private lending and got both properties financed with him.