All Forum Posts by: Jeff R.

Congrats!!! What part of north county is your flip in?

awesome! What area of St. Louis did you all invest in?

@Zane Belden gotcha .. I definitely can understand the pros as well.

I've often heard investors state one of the benefits of having multiplexes is if one unit isn't occupied you can still get rent from the other unit(s).

My question is how's that any different from having multiple single family homes? Wouldn't your vacancy rate be divided among your multiple single families the way the vacancy rate is calculated for  your multi?

It's definitely possible in this area. 

I've been studying Florissant's properties for sale and properties for rent for the last 2-3 months.

If you go to zillow you'll notice multiple properties are listed around your desired.

I would classify most of Florissant as B properties.

@Rhonda Shrum whats your thoughts about investing in St Charles?

Just stay active

Wholesalers and investment friendly realtors will communicate with you.

Also, work on generating a criteria. (E.g. 3 Bed SFR, North County/South City, minimum cash flow of X or something relative to the 2% rule-monthly income divided by total investment cost, maybe something with minimum equity, etc.)

@Mike Flatow personal 

@Brent Coombs thanks 

Are there rules against using a LOC as a Down pymt for a mortgage?

It seems like there are multiple people interested in this opportunity. I think this is awesome.

I'm just curious what part of St. Louis the home is located in.