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Updated almost 10 years ago on . Most recent reply

User Stats

36
Posts
0
Votes
Anthony Kondor
  • Real Estate Broker and Investor
  • chicago, IL
0
Votes |
36
Posts

Hows it get bigger pockets family?

Anthony Kondor
  • Real Estate Broker and Investor
  • chicago, IL
Posted

I need 20,000 more to complete this deal please help!

purchase price 140,000

property needs 25,000 in work 4,000 each unit

owner is willing to finance at 20,000 down and 3 year term 30 year amortization

loan amount is 120,000

its a 6 flat building rent is 800 per unit

4800 net income each unit

2400 mortgage payments, plus interest and taxes

property will cashflow 1,800 after expenses

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