You need a minimum loan balance of $1MM.

Pretend it's a debit card and pay that balance down every month. 

Here are the numbers of the deal, experience eyes and direction is what I am looking for in regards to setting an offer amount that makes sense for its current worth. 6 unit owner asking/LOI has agreed to 600,0006 unit - 3 2bd/1bth, 2 3bds/1bth and 1 4bds/1bthtotal rents+laundry = 60,100 current/ pro forma= 70,200 (this can be achieved without any upgrades)expenses = 23,000 currentNOI=37,100 using the cap rate (.09) method of valuation = 412,222Got cap rate from a local CRE agentBuilding is 100% occupied.

Also, have you been able to achieve a blanket loan secured against multiple properties to avoid multiple closings? 

It's much easier to balance now, despite me originally thinking it would be harder.

You can take action to achieve the goals.

To make a similar Turn-Key investment would require much more capital.You can achieve strong risk adjusted returns with either strategy, but from what I've seen your upside as a syndicate investor is limited.

I paid his mortgage for the 4 months I fixed the property and then paid off the principal balance after sale.

I paid his mortgage for the 4 months while I fixed the property and then paid off the principal balance after sale.

I would like to move the titles over into my corporate name, but haven't figured out how to achieve this.