For investors, this means:You don’t have to waive contingencies.You can make cleaner, more conservative acquisitions.You can negotiate based on condition, not desperation.We’re seeing homes sit 40, 50, even 60+ days in price ranges that used to evaporate in a weekend.

A clean, realistic scope of work and conservative ARV will go a long way in getting a lender comfortable.The other big lesson is that certainty beats chasing the lowest rate.

Lenders seem slightly more conservative on income coverage and leverage, but capital is still available for strong properties.

For rentals, it comes down to rent strength and DSCR  if it cash-flows conservatively, it’s usually a solid buy.

You might want to try a local Hard Money lender that works with family funds/private investors.

If I couldn't afford for it to lose money I'd be in trouble with it, but it's 10 minutes from my father's house and serves well for large family get togethers. 

It just wasn't conservative enough. 

We'd love to see more multi-family properties sold and stabilized. 

Here’s our situation: My partner and I bought a rundown two-family and put about $150K into it (electrical, HVAC, and a full cosmetic refresh on one of the two units).

Instead of generally looking for a multi-family, pick two or three neighborhoods that have the right blend of strong cash flow and moderate risk, like parts of Hilltop or Whitehall.Once you know exactly what streets you want to buy on, it makes finding the right investor-focused agent and property manager much easier because you can find people who specialize in those specific pockets.Good luck with your search!