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Updated 10 months ago on . Most recent reply
Multi family investing
Hey guys
I am investing in Dallas Forth-Worth & Tampa area
Long term rentals and I’m doing section 8 also , I am getting property with hard money loan , remodel them, and then re fi them for 30 years , I put around 45-65K for each property
I have 4 properties that cash flowing $300, $500, $1000, $250 per month
I wanted to get into Multi Family - 4 plex, 6 plex and up even 8-12 units as first deal. in know also it’s 25% down payment so it’s more down then the hard money loan method I’m using.
I know some multi is cash flowing more , but I’ll need property managements since it’s to much manage by yourself.
I’m looking in those areas:
Killen & Temple , Texas
Corpus Christi , Texas
Lubbock , Texas
McAllen , Texas.
Any thoughts on this areas ? I know I can find there nice deals of 4 plex in 300K but they not cash flowing that much. They will most likely cash flow like the singles.
Where you thing I should look to invest ? and if you can help me a bit with how many units and what to look at
thank you
Most Popular Reply
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If you come towards Lubbock way, I can definitely help. We have a property management company, as well as construction so we can help you manage anything here. Cost of entry is lower as well.
If you need other hard money options, we do that as well, and 100% financing 😳
raiderlendingsolutions.com
- Travis Turner