All Forum Posts by: Craig Naylor

Here is a link to my first deal. I also have a BRRRR lined up but think i will get the cash flowing first. Please take a look and share your insight.

https://www.biggerpockets.com/calculators/shared/3...

Thank you.

Craig

Great work!! Congrats.

I too am looking at the same options now. I just applied for a HELOC, my plan is to use some for down payment of new rental property and also to take out enough to satisfy the 6 months reserves my lender wants to see for closing. Once I have closed I will put back the reserves and start looking for more properties.

Good luck and I'll keep an eye on this tread to see how you made out.

OK, So I've been looking at a few property's and done some number crunching. I believe i have a potential deal that is yielding the following ROI

Cap rate = 14.63

COC = 26.80

I believe my numbers are accurate and plan to run them again if anything should change...

What else??? This looks great Right??

Thank you, I have many contacts and resources from my military background that are assisting me with the "Louisiana Purchase" I am looking at a block of 3 duplexes to hold and rent. I will now focus my financing there.

I'm in the process of setting up my LLC for Massachusetts. I am looking at several other states for purchasing property such as New Hampshire and Louisiana. Two questions: 1, do I need to register my company in each state I do business in? 2, through your experiences should I look for lenders in the local market or in my home area? Thanks.

Hello, My name is Craig and i'm from just outside Boston. About 6 years ago my family outgrew our house so I purchased another and used the first as a rental. I have had great tenants (3 different) and minimal vacancy time. My wife and I are looking to expand and add a multi family property to our portfolio.

Looking forward to learning all you have to offer and hopefully be able to share some of the knowledge I've gained.