Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago on . Most recent reply

User Stats

14
Posts
11
Votes
Vedran Josic
  • new Haven, CT
11
Votes |
14
Posts

Does this make sense 6-7% cap , if you have money for downtown.

Vedran Josic
  • new Haven, CT
Posted
Hi there , I owm couple units here in CT but single door . I looking for multifamily 8+ and I find some good location , good rent , good school condition , kind great . But this cap rate is 6-7% - Those 2 property’s is 1. 1.4 milion 6% cap 2 2.1 milion 7% cap What you would do if you have 30% down does bank will work whit this numbers , or do you guys this it’s smart put down 400-500k Does this make sense to put all those money there , does this work this way , I am confused when I am look the deal I love it . Almost never vacant,litly repair , Sorry for Bad English .

Loading replies...