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Updated over 3 years ago,
ADVICE NEEDED ON MULTI FAMILY IN NORTH DIVISION
I found a deal in the North Division Area of Milwaukee, Wisconsin that costs $3,750 to purchase and $47,750 to renovate. I have to show proof of funds. I plan to raise the money via a hard money loan then refinance into a conventional loan after all repairs are completed with a partner hopefully. I have seen ARV of $59,000 to $120,000. I want to have steady cash flow, and appreciation. Rent estimates would be a conservative $1,277 gross a month. Please reply with any advice.