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Updated about 9 years ago,

Chip Chronister's profile image
Chip Chronister's profile image
Chip Chronister
  • Investor / Rehabber
  • from Fort smith, Arkansas
  • Member since Feb 4, 2014
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User Stats

178
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30
Votes
Chip Chronister's profile image
Chip Chronister's profile image
Chip Chronister
  • Investor / Rehabber
  • from Fort smith, Arkansas
  • Member since Feb 4, 2014
Connect
Chip Chronister
  • Investor / Rehabber
  • Fort smith, AR
30
Votes |
178
Posts
Multi-Family and Apartment Investing

What kind of cash flow are u looking for

Chip Chronister
  • Investor / Rehabber
  • Fort smith, AR
Posted

I am looking at a 59 unit complex it was built in the 70's and it is in good shape

it is a class c complex I am talking to the bank (conventional comm. loan) he will

give is a 15year amortized loan with a 3 to 5 year call. we will cash flow about 3k a month what do you guys think.

Thanks

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