Hi, I’m a new investor looking to purchase a multi family property in the Metro Detroit area.

The occupied units were rented for $1k/each and bought at a purchase price of $62 K/ each.

(For transparency this deal fell apart due to an issue with the inspection that the Seller and I couldn’t reach an agreement on).

Purchase price: $490,000 Cash invested: $61,000 Sale price: $649,000 Nestled in the highly sought Silver Sands neighborhood of New Smyrna Beach, this 4-bedroom, 2-bathroom home offers the ultimate coastal living experience.

I'm looking at purchasing a small multifamily (2plex, 3plex or 4plex) as an owner occupied using a VA loan.

Would be a great achievement if it works - I would also reach out to the railroad track company to ensure there won't be any disruptions or issues they may have when/if you start the development process. 

I am purchasing a Motel to convert to studio apartments. it will have 13 studios and 1  3 bedroom unit.

Purchase price: $155,400 Cash invested: $40,000 Property is located in Cuyler-Brownsville an historic district within walking distance of popular Metropolitan District of Savannah GA.I purchased the property to get started in the real estate space, however I value the walkability of the property, its proximity to parks and nightlife.Although the area is a rated roughly as a “C class” neighborhood.

Best advice is to reach out a septic designer and see how many drain fields you would need, or how many homes you can combine into 1 field based on code & practicality. 

If you want to discuss that option more in depth feel free to reach out.