Well its not complete with construction, so my guess is the property is underwater.We recently acquired a pool of similar type properties where they were not complete with construction and went for 40-70% of UPB due to the fact that they were not completed, and most lenders are not skilled to complete a MF project (we are one of those companies so we took advantage of it).The missing piece again in this puzzle is what is the current value, what is left to get it completed (how much $) then what is the ARV.

They are now some of my best performing rentals.

I'll probably end up narrowing my search to those areas.

To me, on a retail property that's just bananas.Every occupied small multi I have purchased in my market has been marketed as described in my initial paragraph.

My peak was 21 sfr's all self managed.

My properties are in different city's across the state of alabama  Why are you moving them?

My partner and I host a monthly Meetup for Saturday of each month.

Hello Gagan, Some important tools and resources I incorporate into my business to help finding deals is to network with local investors.

As we DONT want to sell any equity in the business, my idea was to find funding for the mailers and acquisitions in exchange for a percentage of the return on the acquired property after selling it on terms or cash.

Wow just ran the numbers on my 10bii calculator great job.