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All Forum Posts by: Mario Hernández

Mario Hernández has started 2 posts and replied 2 times.

I'm looking at a deal in Mansfield Ohio. This will be my first deal ever, and it will be a residential, commercial property, SFH, storage units, an auto shop, and one large storage unit that a business is operating in. The total cost is 145k and it has 16 cap rate. I understand the general process of purchasing a duplex for example, but being that this is also commercial, I was hoping to get some insight and guidance on this deal. The total gross income is over 2300 so it seems like a great deal, but I just want to be sure would anyone please be able to help me please DM me

Post: I need some guidance

Mario HernándezPosted
  • Posts 3
  • Votes 2

I'm looking at a deal in Mansfield Ohio. This will be my first deal ever, and it will be a residential, commercial property with a sfh, storage units, an auto shop, and one large storage unit that a business is operating in. The total cost is 145k and it has 16 cap rate. I understand the general process of purchasing a duplex for example, but being that this is also commercial, I was hoping to get some insight and guidance on this deal. The total gross income is over 2300 so it seems like a great deal, but I just want to be sure would anyone please be able to help me please DM me