However, it seems that purchasing a property as an LLC presents some challenges (primarily with financing).

In fact, last year he had an excellent presentation on House Hacking at the meetup.Honestly, I am concerned about the next few months when it comes to appreciation and high end rents in Colorado Springs... but generally, rent by the room and other affordable housing should have stable cash flow in almost any scenario - so I think you’re setting yourself up for success with your plan.Last, there are plenty of good realtors in the springs (many on BP too), but I also recommend Colin. 

Hey BP Community.I was presented with a deal recently that seemed too good to be true.

It will be challenging to find another dirt flip with this much of an upside, because the opportunity presented was purely because we knew the loggers involved.

What was your method of presenting your offer?

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $135,000

Cash invested: $33,750

Purchased a duplex in the up-and-coming Dayton, KY. Since it was my first de...

I would emphatize, offer alternatives, maybe half rent and the rest deferred etc, but still serve a 5 day notice to protect your rights.

Many multifamily syndication will offer average rate of returns of anywhere from 10-20% at present.

The pictures look great  but your rental income could be incorrect, deferred maintenance could high, or finding quality tenants for that location is difficult.

I think that deals are still getting done everywhere, even in NJ where we had a hard stop, but we still have to get out ahead into the future so we don't get bogged down by all the negatives of the present.