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Updated over 8 years ago on . Most recent reply

User Stats

21
Posts
6
Votes
Christopher DeFronzo
  • Saugus, MA
6
Votes |
21
Posts

Made my first offer today!

Christopher DeFronzo
  • Saugus, MA
Posted

Made my first offer today on a multifamily investment property in central massachusetts.  I don't want to get into too many specifics yet but its a 3 family, 3 bedroom/unit with the first floor needing some rehab after a somewhat destructive tenant w/dogs.  I calculated my cash on cash to be approx 27% once its fixed up & fully rented with 25% down as an investor.  After reading extensively & listening to the podcasts its exciting to finally start putting some of this knowledge base to use.  I'll post more details if/when anything happens with this deal.

Most Popular Reply

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1,179
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471
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Steve Bracero
  • Real Estate Agent
  • Westboro, MA
471
Votes |
1,179
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Steve Bracero
  • Real Estate Agent
  • Westboro, MA
Replied

@Christopher DeFronzo

Thats awesome! I hope to be making my first purchase very soon as well, congrats. 

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