All Forum Posts by: Brock Y.

My family have two duplexes next door to each other (3 3/1 and 1 is 3/2.) near Chippewa Valley Regional Airport in Eau Claire and would be open to offers. PM if interested.

Kevin McCollick $20K is not a lot of money so instead of seeing it buying power for something tangible like property or stock I personally see it as seed money to invest in yourself whatever that may be. RE license, college education, mba (well...or least a semester :) ), etc. I see $10K, $20K, etc. as just not enough to make sizable dent in RE. You can definitely get started though. If your itching for something tangible I would go through the owner occupied duplex/tri/quad on an FHA loan route like 50% of the bp podcasters as well as many in this community got their starts, yours included. Good luck!

I looked it up and guess there are limits. I've never asked for as much as you have so just negate my previous post. Good luck.

@Dain Hungelmann if the property appraises at the price you are buying it for why would the lender care if you get a credit or not at close? I always get credits at close. I'm putting my primary residence on the market next month and offering seller credit of 20k for full price offer. I am doing this to allow new owner to fix roof (or not) and to incentives full price offer. 

Buy for 110k with a seller credit of 25k at close. You would just have the one mortgage. This is the most straightforward offer I can think of.

David Zheng where do you buy your places?

I put my 20 units on market this week. 8 and 12 unit buildings. Let me know if interested.

20 units (8 unit and 12 unit) for sale in Milwaukee.

$1M Asking Price ($50K/Door)

Properties are located in NW Milwaukee in B/C areas. Green on crime map trulia. Both are very solid buildings. I am the owner of these buildings and purchased both in 2016. I am looking to sell because I need liquidity for a business I am looking to purchase. I will be listing these on the MLS by the end of the week. Any questions please direct them to my email at [email protected]. Here is a breakdown of a few of the numbers.

Gross Rents: $149,700

Operating Expenses Total:

Taxes - $22,053

Insurance: $8,759

Water/Trash: $9,648

Electric/Gas (common area): $2,964

Repairs (includes rehab): $29,464 (Complete rehab 6 units/security system install - $17,000)

there are a lot of people here that will chime in from the MKE market who are better suited for the realtor and PM side. I do have some multis I am selling. I will PM you. 

I will PM you