All Forum Posts by: Kenneth Bernard

@Jarrett James  I just signed up today. If I think this is profitable I would consider partnering. Keep in mind it would be tied to someone's CC and we each would access view each others properties. So we would definitely have to build some trust among the group before we went that route.

If its as comprehensive as we project it to be, the monthly cost should be a drop in the bucket in comparison to the value it generates.

Will keep you posted on my experience and you do likewise.

I'm interested.  Can you forward me a rent roll? What is the current tenant agreement? (i.e. month to month, 6 month, 12 month)

Homes in this area are comping @ $40k. Median sale price in the Raleigh area on the high end are closer to $60k not the $73k you have listed. Equity numbers don't work out.

@could you send me the Proforma for this property?

PM me or email me. [email protected]

Interested..

send me more info

@William Bianco. I agree with you. I'm very familiar with this area. Homes in this neighborhood are seller closer to $30K. The cash flow would be the main selling point.

I am new investor exclusively looking for Multifamily investment properties preferably in the Memphis area. 

Would like to work with a seasoned investor to gain some transparency on the process and futher my knowledge in investing.

How much is the mortgage payment if you do seller financing?

Can you confirm the sale price, $28k or $280k?