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Updated over 11 years ago on . Most recent reply

Onan Dumas's profile image
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Onan Dumas
  • Investor
  • from Rowlett, TX
  • Member since Jul 6, 2013
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Onan Dumas's profile image
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Onan Dumas
  • Investor
  • from Rowlett, TX
  • Member since Jul 6, 2013
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Onan Dumas
  • Investor
  • Rowlett, TX
72
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132
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Starting Out

Fourplex Owner Financing Help

Onan Dumas
  • Investor
  • Rowlett, TX
Posted

Hi BP I hope everyone is having a good day and a better week!

I am brand new to all of this and am a little overwhelmed by what the Real Estate world has to offer so I am hoping some seasoned investors are K

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Jose Enage
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  • from ATL-MOB-DFW-STL-IND, Alabama
  • Member since Jul 20, 2011
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Jose Enage
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  • from ATL-MOB-DFW-STL-IND, Alabama
  • Member since Jul 20, 2011
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Jose Enage
  • Investor
  • ATL-MOB-DFW-STL-IND, AL
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Jose Enage
  • Investor
  • ATL-MOB-DFW-STL-IND, AL
Replied

Agree with @ned Carey , the price per door is quite pricey. You might want to get some comps as well as rent estimates. If it cash flows, then you are ok. Look up the 50% rule.

http://www.biggerpockets.com/renewsblog/2013/06/14/50-percent-rule/

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