All Forum Posts by: John Sestito

@Shawn G. Thank you for your advice.

Does anyone have any suggestions how I could long-term finance (15-30 years) a 2-4 unit 'residential' property in the name of my land trust (or even LLC)? Are there any "conventional" lenders that would allow this? How are other 'buy & hold' investors financing properties long term and protecting their privacy? Thanks in advance for your advice.

@Shawn G.

Thanks for the great insight. My primary goal is to have cash flowing properties in the future that would allow me to "retire" in a 10-year time frame. I will definitely keep your good advice in mind. Thanks again.

@James C.

Thanks so much for the valuable advice. My original thinking moving from single family to multi-family was to "start slow" with a duplex. Sounds like the effort may be no different than a 3 or 4 unit, but the larger units may cash flow better. Thanks again for the insight.

What is the best way to evaluate a duplex deal?

Income/ROI? Comps? Cap rate?

I am an investor with some single family experience looking to make the leap to multi-family.

I have evaluated a few potential duplex deals based on Income/ROI and they appear to be bad deals to me, but the properies are scooped up in hours. Am I missing something?

Thanks in advance for your help.