That improvement is paying for his furniture alone. 

I want to purchase a multifamily but after searching the market and running the numbers I don't think using that 40k as a downpayment I can find any properties that even come close to the 1% rule.

I'll add that you'll need to search more for hidden opportunities below the surface of markets you're looking in.

Hi Everyone, I have access to multiple streams of cash and looking to build my own rehab team in either Cleveland or Columbus Ohio. I have been investing out there for several years, but am now looking for true pa...

I've written about this strategy in detail here on BP so feel free to search it up.There is a lot to know in this industry, and we've all made plenty of mistakes. 

Plenty exist for private lenders (which is what seller financing is) and can track payments and am tables and also do automatic electronic withdrawal (ACH debit) which helps improve the likelihood of getting paid promptly each month.

. • Bridge-to-Perm Structures: Use a short-term bridge loan for higher leverage to close, then refinance once you stabilize or improve the property. 

Property Taxes stay the same, the seller enjoys a quick, stress-free close, and I can move fast to improve or refinance.

I'm searching for a 2-4 unit, but I haven't found anything that works for me. 

Hello everyone, I spent a few months reading, listening to podcasts, and learning up to a point where I felt comfortable starting to dive into the RE investing world. I love the idea of house hacking, and conceptually...