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Updated almost 4 years ago,
Multifamily RE Agent/Broker Recommendations in Philly
Hello all, I own 2 SFH homes in Philadelphia and want to start investing in Multi-family (3 units and above). My criteria include:
- Less than 350K purchase price
- No major rehab is needed in the foreseeable future.
- Ideally with renters, or high occupancy.
- Closer to 10% cap-rate. Will use a PM company to manage. Will Buy-and-hold.
- Open to surrounding ideas not just necessarily Philly.
Having a hard time finding deals with cap-rates (pro-forma) posted. Looking for a RE Broker with experience in the space. Any recommendations? Thanks in advance!