What is your target Cap Rate?

[Brandon Cooper]

I have been looking at loopnet and other sources at multi-families and other investment properties. In my area the Cap Rate range seems to range from 3% topping out at 8%. I am curious what everyone's target, obtainable, Cap Rate is. 

So what is your target Cap Rate? 

[Account Closed]

12% in my current markets. I buy cash, 50-65k houses right now, and seller finance. I let the occupant maintain it, after I do some light rehab. It's the best type of SFH investing, in my experience. (get to know dodd frank if you want to do these types of deals).