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Updated over 11 years ago on . Most recent reply

User Stats

53
Posts
19
Votes
David Schulwitz
  • Rental Property Investor
  • Detroit, MI
19
Votes |
53
Posts

Deal? Montana 4-plex

David Schulwitz
  • Rental Property Investor
  • Detroit, MI
Posted

Hello everyone,

I would greatly appreciate any feedback. I used the excel spreadsheet template from another thread in this deals section. I'm looking at making an offer on a 4-plex in Great Falls, Montana with my VA Veteran loan (0% down-payment, just funding fees).

To my naked eye, the property passes both the 1% rule, and the 50% rule, but I have zero experience. The rents are current contracts, not estimates.

Thank you ahead of time!

Google Docs:

https://docs.google.com/file/d/0Bxva3NMWFFo3RzYwRFZMT2NTMVU/edit?usp=sharing

JPEG Upload (hopefully you can zoom?)

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