Quote from @Chris Seveney: Quote from @Lutfiya Mosley: Quote from @Jordan Townes: so why are you people that already sunk 40k into this not paying a little more a getting a  lawyer? 

Quote from @Peter Sosnow: @Greg P.Im not a coach, but I built a portfolio of mostly small MF and would be pleased to connect and discuss.  

I don't see it as an issue but many still do, at least in my small town where the majority of renters are elderly people looking for low maintenance housing options.

@Polat CaglayanI've never seen a formula but here is a general rule of thumb for multifamily:The class of an apartment refers to the quality of the building, which can be determined by a number of factors, including age, location, and condition: Class A: These are the highest quality apartments, typically built within the last 15 years.

While I would have built $150,000 in equity, the cash flow simply doesn’t work.Now, let’s compare this to the market conditions when BRRRR was highly promoted (pre-2020).Interest Rate: 4.75%Monthly Payment: $3,057/monthRent: $3,600/monthIn this scenario, I’d be making over $500/month with $23,000 left in the deal, resulting in a gross 26% cash-on-cash return—an excellent deal.As you can see, rates and prices play a critical role in the viability of the BRRRR strategy.

Once each cabin is built we would like to take a mortgage out to recover our cash and then use to build the next.

I use one of the most expensive snow removal companies in town for a 16-plex that has 240 linear feet of sidewalk and 10,000 square feet of parking lot.

Petersburg area, resulting in highly–profitable investments.If you need professional and courteous property management experts for your multifamily, single family, condominiums or town home, you've found the right company!

I’ve worked across various sectors of real estate, from residential to commercial properties, and I’ve built a solid foundation in sourcing, evaluating, and negotiating deals.Currently, I am leading R&H Capital, a division of my LLC, Property Pulse LLC, which focuses on raising capital for real estate acquisitions.

I’ve built relationships with brokers who specialize in Harlem, and one of them brought this off-market deal to my attention.