Purchase price: $365,000 Cash invested: $70,000 Single family home with triplex on property seller financed found on loopnet.

Purchase price: $140,000 Cash invested: $32,000 Single family home purchased through word of mouth as 2nd single family rental ever purchased.

If cash flow is tight, a 20% down payment lowers your mortgage and eliminates PMI, but a smaller down payment keeps more cash for future investments.

The trick for doing something like this (assuming you're not buying the building for all cash) is finding someone that will lend you the money since borrowing money for a business is much tougher than for renting to people to live there.Have you done any projections for the business?

I use my taxable / W2 money to invest in real estate with tax benefits (depreciation etc).I use my SDIRA money to invest in lending/debt funds since many of these do not have tax benefits nor do they have UDFI.Example: $100k W2 income in a $250k asset lets say property is $200k depreciatable /27 = 7400/yr at 35% saving $2592$100k debt fund in SDIRA at 8% interest is $8,000/ year - if it was taxable ordinary income  thats $2800/yearIf you did this backwards and did SDIRA money in real estate and cash in debt fund you can see its over $5k a year Part of real estate is the depreciation as it usually has lower cash flow - owning debt provides the cash flow (but does not have upside at exit)Just my strategy and feel free to pick it apart.

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You can find more information about me on my profile.Thanks

Hello, everyone - feeling very greatful for finding this amazing community. 

How did you find this deal and how did you negotiate it?

You can find it online... they use a specific code book for rental properties, which is pretty comprehensive.