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Updated over 7 years ago,

User Stats

24
Posts
14
Votes
Russ Fry
  • West Chicago, IL
14
Votes |
24
Posts

First purchase price point.

Russ Fry
  • West Chicago, IL
Posted
So I am starting to analyze properties in hopes of purchasing my first multifamily in the next 12 months. I am planning of getting creative with the financing to hope to purchase with low or no money down. My question is there a certain price point for my first purchase I should be looking at like under 500k or does it not matter as long as the properties numbers are good? I.e. A good cash flow and return on cash.