All Forum Posts by: Cynthia Brooks

Thank you for your suggestions. I do some tweaking.

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@Todd Kale TD Bank... 4 family, 25% down, excellent credit. No points...4.750% but NJ property

Hello, I am trying to purchase small multifamily (4 family, under $200k) in Trenton, NJ. This will be my first investment property in Trenton, NJ. I was wondering if Trenton investors could give me an idea, how much I should expect to spend for an attorney for closing? Thank you.

Where is the parking space located? Neighborhood?

@Cyntnia Brooks Looking at 4 family property in Trenton,NJ. Current rent roll is low but has potential to be nicely increased to $2800 -$3200. Cash flow not the greatest but there is cash flow and room for increase. Was wondering what you experience Trenton, NJ investors think of the numbers, is this a decent deal ?

@Joe Villeneuve Thank you. That how I see it. I'm buying cash flow property producing now, notcwhatI speculate it will produce down the road.

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Hello, I'm trying to analyze a multifamily ( 4 family) property in Trenton,NJ. Should I analyze the property using current rents seller is receiving from tenants ( which are below market rate rents) or should I use the projected market rate rent I could get with minor renovations or do I use both? Thank you.

Thank you to all who replied.