A hard money lender gave me this quote and Im trying to figure if its a good deal also, its on a 2 fam building in upstate Ny, if anyone can give advice please respond to me publically so other people can lean as i am. thank you. im going to try to post this on other threads because its time sensitive Loan Amount: Total loan amount of $63,750 or 65% of After Repair Value, whichever is less (Subject to appraisal, inspection, applicant interview and additional underwriting.

This helps me a large amount in figuring out at least a reference point to work from as I figure things out.

You can consider wholesaling or use it to partner with another investor or two although that amount might be too low for some.

This means that they will not cash out refi a property based on the appraised value until you've owned it for a certain amount of time. 

I may depend on the amount of equity you have, I only did it with properties that I held 100% equity.

Lost of investors in the area love a good duplex, but the sheer amount of deals for MF vs SF makes a good SF deal come across more often.

To add on to the last post, also make sure the seller brings (or credits) you with the security deposit(s) and any pro-rated rent for the current month that you close.Regarding lead, I'm not sure about your state, but in MD, rentals must have lead certificates.

HI,new to real estate investing and have done a serious amount of research.

Depending on your situation and the amount of profit you are dealing with, any of those strategies might be just fine, but if you plan to sell at any time, they'll get you with the taxes one way or another, unless you 1031 until you die. 

You will want to make sure you are budgeting a decent amount  for repairs and cap-ex expenses.