Has anyone utilized the 100 percent financed Multi-family Acquisition Program?

As you’ll see in the education, don’t forget to include expenses such as insurance, utilities (if they will not be in the tenants name), lawn/snow care, and capex reserve.

They often come with tax liens and other unpaid utilities.

I own and still have to pay taxes insurance and utilities.

@Jeff Brotherton, it looks like it should cash flow for you but I don’t know if there’s any HOA fees or owner paid utilities. 

For example, one of them being a $43m raise on a 330-unit class A multi-family development in Houston led by Guefen Development, Target IRR 22%, sponsor co-investment $921k, $25k investment increment, target hold 3 yrs.I’m deciding between utilizing Crowdstreet vs doing a local PE raise but a lower target return rate of 8-10%/yr but with a 7-yr target hold.QUESTION for the Bigger Pockets crew: who has hit the invest now button on any of these crowdstreet deals and what has your experience been with it?

@Jon Pierre 136k last year as a foreman for a utility company.

There is a small berry patch and veggie garden behind the house.

Who's utilizing what methods from home? 

Here's a list of what we ask for in our LOIs and contracts:Operating financial statements for the property, including income statements, expense statements, capital expenditures, for the last two years of operation and year-to-date financial statements for 2020.Prior two (2) years tax returns and addendums for the Property.Current tenant leases, tenant correspondence, tenant credit information, tenant security deposit register, and delinquency report.Onsite staff payroll records to include salary, bonuses, payroll taxes, benefits, etc.Monthly owner statements and rent rolls for the past 12 months.Contracts, service agreements, and files pertaining to the property.List of maintenance all maintenance requests (complete and incomplete) for the last two years of operations.Real estate tax billings and assessments and other correspondence pertaining to real estate tax calculations at the property.Copy of Insurance Policy and claims documentation (loss runs).List of capital improvements and any and all necessary related documentation and warranties.All existing warranties and guarantees from architects, contractors, and material and equipment suppliers, all of which would be assigned to Purchase.Any existing environmental Phase I/II reports, engineering reports, soil, mold, radon, asbestos, hazardous substance, termite, or other tests, studies, or reports.Any existing appraisals.Itemized inventory of all personal property.Twelve (12) months of utility, water and sewer bills.Twelve (12) months of bank statements.Verification of additional income from operations including but not limited to application, pet, late, and other fees, etc.Copies of title policies, title reports, land surveys, site plans, deeds, or any architectural plans for the property.History of or pending litigation against the Property, its owners, or its managers related to the Property or the operation thereof.Such additional information, documentation, or access as Purchaser shall require