All Forum Posts by: Frank Eimiller

Welcome to the forums

Nice!

Do you currently own any units/if you're asking this question are you sure you're ready for 10 units? Nevertheless, institutional money usually has a lot better terms (lower rates, little to no points,) than private money (although private money is whatever you can negotiate.) Both have their places- I'm sure these forums have oodles of information on both options!! Good luck!

Hey Joe,

What exact location are you looking to purchase? 

Are you looking specifically for a side x side or is an upper lower acceptable? 

I have leads on a 4-plex, triplex, and two duplexes, please reach out to me if you're a potentially interested buyer

I've been told that 'Steve Seward' from Oshkosh Associated Bank is great, hope that helps!

You're in an awesome spot. I have a friend here who only buys his rentals in Milwaukee.. lots of 40k properties all in renting for $850.. as you know, make sure you know your areas haha. I really like Sun Prairie. A lot of new jobs in the area and every time I'm down there I see tons of poorly managed multifamily buildings! Good luck!

Welcome

Hey. Check out any meet ups or REIA meetings up in the fox cities- an investor from my area heads up there for them. Good luck w/all of your research

What's the rough location / finish of the building? 625 seems very low for a 4bdrm

If the property meets your cash flow requirements/ROI requirements as a rental, maybe go that route. If not, maybe close on the property and sell it on the MLS. If you can get it for 80k and the ARV is 120k it's a no brainier