Duplex house - 2 units both 2/1 (good condition)Estimated sale price $310kQuoted payment 7.5% (25% down)$2068.96/month (assuming $150/mo for insurance and $293/mo for taxes)$87,149 cash to closeAnnual cash on cash return 3.6%cashflow $252 monthlyBoth units currently occupied and lease signed through April 2024I will be using property management for this property because it’s out of state for me. 10% fee. 

I am a first-time investor in the Albany/Troy area in NY, closing on a 3 family (Three 1 bedroom units) in the next couple of weeks.

I'm about 2 hours north of there.Im still trying to find my market and would like to be within 3 hours or so,Indy is in that range.Hi Josh - all 1-4 unit residential deals in Indy so far (though we also do 5+ unit MFR and commercial).

Watch out for HOAs - not every HOA allows rentals and not every HOA that allows rentals allows you to rent out a unit immediately after purchasing it.

You get access to 80% of your cash back to move to the next purchase.The other option is use a small portion of funds 15% to purchase any SFR or 2-4 units through an investment purchase typically Bank portfolio.

One unit is vacant and need to put in W/d hook up and get tenant and then potentially furnish for MTR next year. 

I want to use the new 5% conventional on a four-plex unit-to-house hack (MTR strategy) in Cincinnati, OH.

Purchase price: $715,000 Cash invested: $11,000 4 Unit Building that we are adding another unit to and renovating the rest of the building.

If you have 3 or more units, you can also make one of them a short term rental in certain zoning districts. 

Thus, I am looking to the BP community of investors who have managed to create portfolios of 50+ units!!