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Updated over 10 years ago on . Most recent reply

User Stats

21
Posts
2
Votes
Alex Flowers
  • Involved In Real Estate
  • Mobile, AL
2
Votes |
21
Posts

Rookie from Mobile, AL

Alex Flowers
  • Involved In Real Estate
  • Mobile, AL
Posted

I come with a little experience on the mortgage side. I have cash and equity in a commercial property that was passed down to me, but not much credit. I've found a couple of good RE agents to help, a CPA, an attorney filing LLC paperwork friday, and still looking for honest contractors. Looking to find the best way to leverage my cash and equity. Currently looking at a cash purchase of 2 Section 8 duplex rentals at a 17% cap rate for a start. Looking to stay in multi-unit. I'm really hoping cash is king!

Most Popular Reply

User Stats

969
Posts
524
Votes
Derrick Craig
  • Memphis, TN
524
Votes |
969
Posts
Derrick Craig
  • Memphis, TN
Replied

Welcome @Alex Flowers

I am sure you will find some good deals... Keep me posted on what you come up with. I would like to see what Mobile has to offer as far as good Section 8 Rental markets. I am just addicted to Guaranteed income!!

Thanks

Derrick

  • Derrick Craig
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