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Updated over 6 years ago,

User Stats

13
Posts
2
Votes
Matthew Logan parnell
  • Augusta, GA
2
Votes |
13
Posts

Buying a portfolio package

Matthew Logan parnell
  • Augusta, GA
Posted

Hey everybody! So I have found a property or several actually that the landlord is ready to get out of, he has three single family homes all

Cash flowing well. When I used to 2% rule it came out at 7% so the numbers seem to look good on the properti when I used 2% rule it came out at 7% so the numbers seem to look good on the properties,  however this is my first investment and I have a few problems first being I would have to use a commercial loan and put 20% down on it second being I know there is a massive amount of do diligence.  For my first deal do you think this is a good or bad idea is it too much to try and take on right now...  on another note anyone that may be interested in this property Please call or email me I’m open to options thank you

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