Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 10 years ago,
Good deal or not??
Hello my fellow BP investors so I have been doing some research and was given a heads up on some properties that are going for sale soon. I have another partner willing to go in on this deal with me but from the notes I took does this sound like a good plan or something that is too big to chew on. We are still trying to see if we would do a blanket loan since there are more SFR's or go commercial.
100% Occupied, 10 Single Family Home PACKAGE
These (10) Properties have a combined sales price of $995,000
All houses are rented with monthly a gross amount of $7,641 or $91,692 annually
I would assume that insurance would be anywhere from 4k-6k annually + maintenance fees
The sellers are willing to offer free management services for the first year.
Any advice I would greatly appreciate- cheers