Originally posted by @Cary Love:Good Morning BP Members,I have a situation with a seller where at first I was the only party interested in purchasing his house.

Originally posted by @Andrew Postell:@Chris Paez I'm not sure if an accessory unit would qualify for a 2-unit property. 

Originally posted by @Bryant Patterson:@Anthony Madia if you're living in the house for at least a year, you can qualify for a 3.5% downpayment loan.

Our original plan was to use that paid off property and refinance it to buy 1 or 2 rental properties, fix them up, refinance pay off the original loan and tenants pay mortage, insurance and it will cash flow and do it again and again.  

Originally posted by @Alejandra Perez:Hello!

Originally posted by @Saeid Safarmehdi:I'm looking to get some realtor contacts within Columbus, Cincinnati, Indianapolis markets, anyone that you've worked with, or any realtor on this site that works with MFH (2-4 units).

Originally posted by @James Palassis:Thank you for the respones @Tom Gimer.

Then we do a cash out refi and pull out most of our original investment. 

Originally posted by @Seth Rouch:@Matt M. 

If your original numbers will make you 40k, you can maintain that, if they offer 5k less (mid stage or whatever), take it and move to the next.