Auction 7 Unit

[William Moua]

there is a Complex with 7 unit that is going for Auction here soon. It is about 1 mile from my house, great neigborhood and all.
the rent on the place is suppose to increase to $750 a month tax is about $6000 a year.

what would you guys pay for this place... they want 10% down at the time of the auction... can anyone help me with what to do... such as finincialing and all...

I am thinking $550K would be a good price... hopefully can get it cheaper...
let me know guys