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Updated about 9 years ago on . Most recent reply

Dan Remmert's profile image
Dan Remmert's profile image
Dan Remmert
  • from Princeville, IL
  • Member since May 12, 2015
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Dan Remmert's profile image
Dan Remmert's profile image
Dan Remmert
  • from Princeville, IL
  • Member since May 12, 2015
Connect
Dan Remmert
  • Princeville, IL
4
Votes |
16
Posts
Real Estate Deal Analysis & Advice

First property! First Multifamily!

Dan Remmert
  • Princeville, IL
Posted

Well after many months studying REI, we took the plunge with a 6 plex. It is 3 small duplexes on a lot. Cash flows well, $1200/month (at least for first attempt). Pretty exciting!

We have also put in another offer a small single family and it has been accepted. 

Would like to find a flipper yet this fall to keep the ball rolling. 

Off and running ....

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Dan Remmert's profile image
Dan Remmert's profile image
Dan Remmert
  • from Princeville, IL
  • Member since May 12, 2015
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User Stats

16
Posts
4
Votes
Dan Remmert's profile image
Dan Remmert's profile image
Dan Remmert
  • from Princeville, IL
  • Member since May 12, 2015
Connect
Dan Remmert
  • Princeville, IL
4
Votes |
16
Posts
Dan Remmert
  • Princeville, IL
Replied

@Joe Fairless 

We did a conventional loan... I haven't figured out the creative financing yet. I"m sure that will come. 

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