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Updated almost 4 years ago, 03/21/2021
My first 9 Unit: is it a GO or NO GO
Any feedback would be awesome, what am I overlooking? Good or Bad. Thanks in advance!
I have this property under contract and my inspection period ends today.
Purchase price at $525,000,
Rehab Estimate $200,000 to $250,000
I have a cash partner & I will do all the work (Manage the Rehab, Property Management and Market to resell when complete.
Please see image below of numbers breakdown.
Any feedback will be greatly appreciated. and if in the future you would be interested in partnering in a deal similar to this please let me know.
Happy Investing!