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All Forum Posts by: Sankalp Godugu

Sankalp Godugu has started 2 posts and replied 3 times.

Hi Jimmy! It's nice to connect! I appreciate the detailed response! I would be more than happy to take a look at those example deals. I'd like to take this time to schedule a brief call 02/17 at your earliest convenience to delve into more detail as far as how I can quickly analyze and find properties that meet a minimum cap rate. Thanks for your time!

Hi there! I'm looking to purchase my first multi family home in the city of Colombus and am looking for the hard numbers, metrics I should be on the lookout for, and sample properties to get my hands wet as far as what's considered a good deal and area to invest in. Any feedback and suggestions with examples to get started would be much appreciated. I am looking for 6% yield minimum on my cash with 40k-60k down payment. Additionally any pros/cons for using FHA loan would also be much appreciated, thanks!

Post: Real estate investor

Sankalp GoduguPosted
  • Posts 3
  • Votes 9

Hi there! As a first time investor looking to make the first purchase on a multifamily home in and around the city of Columbus, OH, within the next 2-3 months, I wanted to ensure I have all the information I need to be able to quickly and efficiently analyze and decide on a property worth investing into. Here are some hard numbers from my end:

  • 40k — 60k down payment
  • 6% minimum CAP rate
  • Multifamily — 2 to 4 units
  • Columbus, OH

Some of the questions I have revolve around the actionable steps I can take as well as the hard numbers I should be on the lookout for when analyzing a property as being a good deal or not.

I would be more than happy to schedule a call at your earliest convenience to discuss the details. Thanks again for your time!