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Updated almost 3 years ago,
How much cash flow in multi family
Hello Guys,
Question for guys looking to invest by end-of year in a multi family building.
Lets say it cost two million and has fifteen doors. Lendor wants 25% down. So mortgage is $9,000 what cash flow would be acceptable per door ?
1.Looking for how much you would you accept $ per door
2. What city do you invest in? Im looking at Houston, Memphis, And Phoenix.
3. How long do you want / reccomend holding for? Is there a point of keeping ? Or only to refi and to repeat the process?
Any apartment investors out there lets talk!