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Updated over 10 years ago on . Most recent reply

User Stats

17
Posts
2
Votes
Antonio Tyler
  • Investor
  • Waynesville, MO
2
Votes |
17
Posts

Buying 60 homes

Antonio Tyler
  • Investor
  • Waynesville, MO
Posted
Good afternoon, I'm just seeking advice about a deal that I came across that is 60 homes for sell with a monthly net of 66,000. I just would like to hear some ideas on how to finance this deal

Most Popular Reply

User Stats

114
Posts
55
Votes
Rob Anderson
  • Real Estate Investor
  • Champaign, IL
55
Votes |
114
Posts
Rob Anderson
  • Real Estate Investor
  • Champaign, IL
Replied
Originally posted by @Antonio Tyler:

Good afternoon,

I'm just seeking advice about a deal that I came across that is 60 homes for sell with a monthly net of 66,000. I just would like to hear some ideas on how to finance this deal

 Just trying to clarify. There are 53 out of 60 rented at 500-1200 a month rent at a monthly net of 66k. Yet 53 x $1200 is only 63.6k. Am I missing something? 

Also, some of these houses are generating $1200 a month and you're only paying 8,333 per door? 

If these numbers are correct I will help you purchase. 

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