Then, whatever number you have set for yourself, multiple it by 10.

He is a member of BP and has multiple investment properties as well as being a highly esteemed CPA.

By not putting 20-25% down it is causing you to run extremely tight margins, which in turn could put you in the red when faced with a multiple unit issue.

I'm considering my first deal, a small apartment building.  I remember hearing on the podcast once someone mentioned when they offer they submit 3 or 4 different offers with different financing structures to make sell...

3. speak to multiple real estate broker and property managers (if you are intending to use them). 

@Bradford Behrins That's actually not true because in Florida now there is multiple title companies that will provide title insurance at a higher rate for properties purchased through the tax deed auction without going through a quiet title action.

It's really hard getting a good look at multiple lenders to start with, making sure to ask the right questions.

@Jeremy England I would not hold any property especially if you have multiple qualified applicants.

At that time wholesale and auctions seemed daunting so we mostly scanned the MLS, and zillow multiple times daily and after a we put an offer in for a 2 bed 2 bath with a 1bed 1 bath in the back of the property and got badly outbid!

Not good especially if you are leveraged and have multiple loans coming due.