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Updated about 7 years ago,

Mazen Al Ashkar's profile image
Mazen Al Ashkar's profile image
Mazen Al Ashkar
  • Real Estate Investor
  • from Montreal, Quebec
  • Member since Dec 28, 2015
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User Stats

95
Posts
42
Votes
Mazen Al Ashkar's profile image
Mazen Al Ashkar's profile image
Mazen Al Ashkar
  • Real Estate Investor
  • from Montreal, Quebec
  • Member since Dec 28, 2015
Connect
Mazen Al Ashkar
  • Real Estate Investor
  • Montreal, Quebec
42
Votes |
95
Posts
Canadian Real Estate

is a Net income multiplier of 15 considered a good deal?

Mazen Al Ashkar
  • Real Estate Investor
  • Montreal, Quebec
Posted

Hi,

I'm about to place an offer on a 4plex in Longueuil (off the island of Montreal). Being my first plex, is a NIM of 15 considered a good deal in your opinion? 

Appreciate your help on this. I only invest in Mortgage notes but i'm starting to diversify my strategy more. 

Thanks

Mazin

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