They tend to be a bit more of tenant turnover.Just make sure you run rent comps and can achieve the increase projectedGood luckGino

If it is schedule showings and transmit financial data and proffer the MLS commercial form contract then probably not.

You need to find out more about the business plan for this property and how they are going to achieve the projected returns because this property will be cash flow negative at the time of acquisition based on the numbers you provided. 

From here, and with the help of the massive Data Center build-up, Hillsboro, Oregon, is now the gateway to the future.

Gather data on comparable properties, their rental rates, and occupancy levels to present to lenders.

That said, it can be done and done successfully if you plan in advance, build your team (contractors, subs, back ups, lenders, credit with suppliers, escrow/title, real estate attorney, mentor, etc.) get educated on finding (marketing) for deals, rehab costs, locations, market data (like crime rates, school ratings, population growth, job growth, etc), specific market insights like what is most popular and sells for the most in your area, etc

Keep in mind, data changes constantly.

We acquired a townhome property from a wholesaler, executed a successful renovation and remodeling plan, and achieved a profitable sale just 116 days later.

Finish (find money i.e, renegotiate with lender, find a partner, HELOC etc.)Let your gut be guided by data and then move forward decisively! 

I’ve been actively seeking mentorship opportunities in Dallas, diving into real estate literature (including David Greene’s BRRRR method), and connecting with others who are passionate about achieving financial freedom through real estate.If you work in IT, are based in Dallas, or simply want to connect, I’d love to hear from you!