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Updated about 13 years ago,
SCARED to jump.....need opinions
I'll begin with "I love this forum"
I've been lurking a while and I think I have a winner. I'm currently renting 2 SFH's but this is a big scary 6-plex.
Here are the numbers
my max offer-360000
current rent-53520
current O&M- 26450
debt services with 10% down @ 5%-21000
talking with a local property manager, rents can go up 5+% in spring.
Is that financing even possible?
Thanks in advance