Purchase price: $295,000 Cash invested: $22,000 Before moving into this house we had to add piers under the hours as the previous were not grounded with cement.

We have had the same tenants since we leased it in 2022 and fortunately they have been great- minimal maintenance requests, very easy to communicate with, and pay on time.We have a 30 year fixed mortgage on the property at 2.875%, the property cash flows about $1,200/month, and there is roughly $200,000 in equity in the property.

Hello family,What zipcodes in East coast are best for multifamily in this current climate...in terms of occupancy rates, cash flow, appreciation?

I could do all cash with perhaps some help from family (less than $15k) or friends/partners (one has asked me to find something he could join in on with $20k, the other serious one has about $35k-$50k to invest with me). 

Would something like this have to be bought in cash or can it be financed?

Once the property is rehabbed you can look into a DSCR loan to cash out on the new appraised value.

So you're left with acquiring properties all-cash. 

Plus, there's still so many positive cash flowing and 1% deals here in Columbus Ohio.

I’ve seen cash flow in the 10-18% range there, with plenty of potential for growth. 

I bought it last year because I thought the price was pretty good considering it's located in Brookline and gives good cash flow.