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All Forum Posts by: Chad Duncan

Chad Duncan has started 26 posts and replied 83 times.

Post: My first real estate investment. I need advice!

Chad DuncanPosted
  • Rental Property Investor
  • Portland, OR
  • Posts 85
  • Votes 49
Thanks for the reply! I currently have a VA loan with $0 money down so I don't think cash-on-cash return is a calculable thing. When you say $125/door, does that mean positive cash flow over your expenses and mortgage? For the due diligence, is this a mandatory thing during closing for the seller to offer the buyer? Who would I ask these questions to in my area?

Post: My first real estate investment. I need advice!

Chad DuncanPosted
  • Rental Property Investor
  • Portland, OR
  • Posts 85
  • Votes 49
Thanks for the reply! I currently have a VA loan with $0 money down so I don't think cash-on-cash return is a calculable thing. When you say $125/door, does that mean positive cash flow over your expenses and mortgage? Thanks

Post: My first real estate investment. I need advice!

Chad DuncanPosted
  • Rental Property Investor
  • Portland, OR
  • Posts 85
  • Votes 49

I am currently looking for a multifamily home in the Portland Oregon area. I am looking for more of a 4plex than anything else. I am pre-approved for a loan as well. 

I want to start offering on some places. I feel that I need a contract or something that gives me time to make sure the property is worth investing in. 

What can I do and where do I go to find out more on putting a property under contract? 

As well, what are the main things I should look out for that makes a good deal into a great deal? 

Thanks