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All Forum Posts by: Johnny Sheehan

Johnny Sheehan has started 0 posts and replied 2 times.

Quote from @Tyler J.:

Ive spent countless hours looking and doing a quick analysis on atleast 100 properties on Zillow all over the USA (Mainly 4-plex's) and they are all negative cashflow with a mortgage, sometimes negative with 20% down, sometimes negative without 20% down.
I know there are creative ways to make every property work, but I guess my question is how long does it take to find a decent property that can cash flow atleast 100/unit with less than 20% down? I have a couple properties ive bought, but not 20% down for a 500k property

Look at bigger buildings with more units and a high occupancy. Know your financials on the property and add value where you can.