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Updated 5 months ago on . Most recent reply

User Stats

112
Posts
77
Votes
Tanya Maslach
77
Votes |
112
Posts

Help me analyze this deal

Tanya Maslach
Posted

Hi all,


I'm new to BP and am trying to start investing in more than SFH one-off rentals. I've been buying and holding for SFH's rentals for 15+ years, but my goals now are Cash flow (70%) and Appreciation/Equity (30%) so I can invest faster/grow more in shorter periods of time.

I ran this: View report on BP as a really rough test for investing in this property (3-plex, but also offers an attached 3-plex for consideration).  I don't know if I did it right, because I prefer NOT to get a traditional loan for my next property.... and I don't know how to estimate (or even GET) private lender loans.

My buy box is;
- Something I can use for long term rental AND MTRs.
- Less than $25K in rehab
- Quick rental potential (<3 months rehab).
- Low crime, low foot traffic
- Access to restaurants, grocery and job (hospital, university, denver tech center, denver downtown)
- COC ~5-6%

My preferred method to buy is Sub-To, so I would like sellers (and agents) who are ready and willing to consider this.
(*Ive never done one, and am scared to death for how I would negotiate such a deal, but it's my preference for starting my new investment strategy)

Questions:
1.  What are you thinking about when you see this deal?
Considering the info I shared above.

2. Are there red flags I should be looking out for?

3. How should I screen the agent who might partner with me on this deal? (I.e. "Jane, how bout if I paid your commission, and ____ would you____?")

Thank you!!
Tanya


*This link comes directly from our calculators

Most Popular Reply

User Stats

112
Posts
77
Votes
Tanya Maslach
77
Votes |
112
Posts
Tanya Maslach
Replied

Thank you @Account Closed!! . I appreciate this.  Very kind.

I think it's like most of my experiences in corporate.... do your due diligence! ;-)
Whether it's here, or in a job-search, or in a real estate deal.... Due diligence! ;-)

Thank you so much.

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