Multiple Properties on same contract

[Ryan Rodgers]

Hello everyone..looking for some guidance for this possible opportunity.

There is a landlord in my area who is burnt out and selling her 4 properties. I would like to approach her with possible owner financing but want to make sure I approach her correctly before doing so. I guess the first question is..

Do I have to have a different contract for each property or can I put all 4 properties on the same contract?

Here are the numbers:

The most I'll pay for each home is 25k. (100k total)

Each home will need about 10k in rehab max. (0% credit card will pay when refinanced)

Looking for a 10 yr term at 8% with a $5,000 down payment (Financing 95k). Monthly note would be roughly $1200.

Each home rents for a min of $700. ($2800)

Minus tax, ins, 10% CapEx, and 10% Vacancy left with around 700 cash flow.

Are these numbers feasible? My ROI is looking huge but I'm not sure if I have something wrong here.

[Account Closed]

I am looking at a similar deal and need help. I am looking to wholesale three properties from one seller to one buyer and not sure about the paperwork. Can I just put all three contracts on one contract for the combined price to my seller and than just put my total Assignment Fee on the assignment contract to the end buyer/investor. Any and all help is appreciated as I have never bought nor wholesaled a multiple property package deal.

Thanks

Robert