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Updated over 4 years ago,
Luke CarlPoster
#3 Short-Term & Vacation Rental Discussions Contributor
Pro Member
#3 Short-Term & Vacation Rental Discussions Contributor
- Rental Property Investor
- Tennessee Florida
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Teach me how to analyze this random deal
Luke CarlPoster
#3 Short-Term & Vacation Rental Discussions Contributor
Pro Member
#3 Short-Term & Vacation Rental Discussions Contributor
- Rental Property Investor
- Tennessee Florida
Well. It's to graduate to multifamily.
Found a random 10 unit.
Monthly Numbers
Rent: $7400
Insurance: $811
Taxes: $524
My questions:
How am I financing this thing? 20% down?
What banks do I call and what questions do I ask?
Has COVID effected loans on such a property?
What purchase price would you need to make this work and why?
I've outgrown Duplexes help me learn how to get bigger!
Thanks