Updated over 5 years ago on . Most recent reply
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!