Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 about 5 years ago,

User Stats

40
Posts
19
Votes
Khizar Hanif
  • Houston, TX
19
Votes |
40
Posts

12-unit deal (stabilized)

Khizar Hanif
  • Houston, TX
Posted

Hey all, 

Need some deal advice and some creativity. Have a 12-unit that I'm wanting to offer on. This deal is already stabilized, no forced appreciation opportunities here, which I am OK with. It seems like a solid deal I can just buy and hold.

Asking 810,000

100% leased, renovated in 2018, strong location with tenants who pay on time. 

Income 110,000

Expenses ~~40,000 (about 40%)

Debt Service 36,000

Cash Flow roughly 35,000

Deal is off market and has multiple offers. What are some creative ways I can win this deal without overpaying?

Loading replies...