Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago,
My first deal Need advice/support
Hi, I very new to this, my partner and I have an accepted offer on a 4plex which needs a complete rehab. He is the number cruncher and I am the capital. He says it looks good with a 10% CoC 12% cap rate. Are these numbers high enough? I've only done the Stockmarket previously 10% doesn't seems like that great of an illiquid investment to me.
What numbers should I be shooting for? Please help!