I am a rookie RE investor. I currently have 2 SFH properties in my portfolio and I’m trying to grow. After some negotiations I have gotten a house down to 350k, 4/2.5 2500sq ft. Rents go for 2800-3200. I’m confident I...

So, I purchased a tax sale property. 

Considering an all cash purchase to "park and profit," but open to debt.

The salon owner is looking to retire in a few years and she has no ambition to purchase the building, So the owner has asked me if i was interested in buying the whole building.

If you have that much cash it would actually be more efficient to purchase a pre-existing fourplex, put the 5% down and get some concessions to buy down your rate.Hopefully that all made sense.

theoretically: coop off loading 75% of RE at a price of over 85% of purchase price. 

It is less about the size and more about the drive to get there. 2 hours round trip.

I've purchased to turnkey properties in Memphis.

I just purchased a rental last month with a tenant already occupying the property. 

Max LTV to expect for purchase is 75% of the purchase price, and for refinance, 65%.