Personal Finance
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago, 05/22/2015
Hows it get bigger pockets family?
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