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Updated about 13 years ago on . Most recent reply

User Stats

69
Posts
36
Votes
Levi F.
  • Real Estate Investor
  • soldotna, AK
36
Votes |
69
Posts

SCARED to jump.....need opinions

Levi F.
  • Real Estate Investor
  • soldotna, AK
Posted

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

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