2-4 unit properties are convoluted with more than one valuation method being both the income and comparable sales approach.

However, when I approached my acquaintance, they mentioned their rash frustration with a previously failed attempt at finding a buyer in years past when using other realtors, and have refused to sign a contract unless a buyer is found first!

When I see new investors with healthy budgets ask these questions in an open forum I always envision a bunch of sharks circling him in the water.

After speaking with maybe 12 or 13 different lenders in the area (and being rejected by all due to the property type) I approached the seller and informed them, politely, that the property would not sell unless someone was able to offer cash.

After speaking with maybe 12 or 13 different lenders in the area (and being rejected by all due to the property type) I approached the seller and informed them, politely, that the property would not sell unless someone was able to offer cash.

I like @Russell Brazil ‘s approach.

If I were asked to identify the main hold up it's the fact that I haven't been able to find a decent deal, so I am thinking of changing my approach in the following ways: 1.)

Similar to @Yoann Dorat, my first approach would be to try to get the tenant out as soon as possible.

I would just make sure to have a healthy reserve account.

Long Story short, how do I approach private investors or find them?