Quote from @Jeff Roth: Hi Holly from Georgia-You own a rental in Colorado and you are looking to purchase a new primary residence and possibly use the equity in the rental for the downpayment.You have two options I am aware of with the rental to access the equity:1.

This will be my first home purchase, and I am aiming to invest in multi-family properties.What should I be aware of when purchasing a multi-family property?

Its great awareness for investors to know products coming. 

What are qualifying tips that we should be aware of? 

I underwrite my own way and I am aware that everyone has their own version of calculations. 

Seller wants $160,000 cash out which leaves $50,000 in equity for the buyer.I had a taker from CA but he couldn't come up with the cash.I was not aware of anyone that understands that kind of deal.  

Quote from @David Robert: I recently became aware of a very cheap property (roughly half of after repair value) and upon looking at it in person I found out why it was so cheap: there is severe cigarette damage throughout the 1st floor (basement less so, but not entirely without damage); there is visible dripping tar on every wall and the smell is awful.

If interested, DM me and I can connect you to the organizers so that you are aware of future meetups.

I'm not going to download it for you from my phone.https://www.cccba.org/article/flip-or-flop-disclosure-rules-...I've read many of your posts and am aware that you feel that you can decide when you want a permit or not.

Taxes: Be aware of potential transfer or capital gains taxes, depending on your state.4.