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Updated over 8 years ago on . Most recent reply

Paul McComb's profile image
Paul McComb's profile image
Paul McComb
  • Professional
  • from Phoenix, Arizona
  • Member since Jul 20, 2015
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Paul McComb's profile image
Paul McComb's profile image
Paul McComb
  • Professional
  • from Phoenix, Arizona
  • Member since Jul 20, 2015
Connect
Paul McComb
  • Professional
  • Phoenix, AZ
1
Votes |
4
Posts
Real Estate Deal Analysis & Advice

Buying Multifamily with Private Money

Paul McComb
  • Professional
  • Phoenix, AZ
Posted

Wanted to see if anyone else on here is doing the same thing when it comes to purchasing multifamily properties. The last 4 properties I have purchased equalling 12 units was all done with private money at 10% interest. Even at that rate I am still able to make net about 10-12% per year. This is i n Arizona of course does anyone know of any similar markets? 

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Perry Pelitera's profile image
Perry Pelitera's profile image
Perry Pelitera
  • Investor
  • from Queen Creek, AZ
  • Member since May 20, 2015
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Perry Pelitera's profile image
Perry Pelitera's profile image
Perry Pelitera
  • Investor
  • from Queen Creek, AZ
  • Member since May 20, 2015
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Perry Pelitera
  • Investor
  • Queen Creek, AZ
7
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13
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Perry Pelitera
  • Investor
  • Queen Creek, AZ
Replied

Paul,

I live in the Phoenix area.  How long have you been investing? I would like to learn about the tools you used to find, evaluate and secure these properties.

Perry

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