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Updated 2 months ago on . Most recent reply

User Stats

12
Posts
14
Votes
Nic Williams
  • Real Estate Broker
  • Fairbanks, AK
14
Votes |
12
Posts

Can you make money in Alaska with a 4plex?

Nic Williams
  • Real Estate Broker
  • Fairbanks, AK
Posted

I am proud to announce that I got another client under contract on a 4Plex here in Fairbanks Alaska. They are locked in with a 6% interest rate on a property that we went above asking price on. Currently under contract for $552,000 with a conventional loan. This property is gonna cash flow over $1000 a month after we're all said and done with utilities mortgage and more. So happy for my investors hopefully the rest of the transaction goes smooth so we can get it all locked in and they will have one more property in their portfolio than they did a few months ago. The Big plus is the tax deductions they will be able to take as well!!!

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Summit Realty Group

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