@Amanda PoltonYou should find a good investor friendly agent, modify your criteria, or start sourcing deals yourself for a duplex that makes sense for you.

My feeling is that they are growing fast, and eventually they could get greedier and bad things could happen.I started to look for other sources of information, so I came to bp.

There are plenty of competitive financing sources through non-conventional lenders that focus on investment property loans.   

Purchase price: $220,000 Cash invested: $25,000 Sale price: $325,000 This deal was sourced through our own marketing at Tree City Homes, so we knew exactly what we were getting in to.

Purchase price: $220,000 Cash invested: $25,000 Sale price: $325,000 This deal was sourced through our own marketing, so we knew exactly what we were getting in to.

Multi family attracts me because of the potential it offers to increase one's cashflow and net-worth tremendously in a relatively short amount of time compared to traditional means - at least this is impression I'm getting from numerous media/social media sources.

The 20% expense rate is super low, but I used realistic numbers and that is how it works out.I have no problem with criticism because I make many mistakes.

Typically on a no seasoning cash-out refinance, borrowers can pull cash back out of their recently purchased property if the purchase cash was from an acceptable source.Acceptable sources include:Cash from borrower's own financial accounts.Funds from a home equity line of credit.Funds from a personal loan.That being said, I can point you toward a few local MB's that may have access to private money sourced from more flexible lenders.

A DSCR of less than 1 means negative cash flow, which means that the borrower will be unable to cover or pay current debt obligations without drawing on outside sources—in essence, borrowing more.

These NEED to be verified by third party sources to have accurate projections.