If you have any other questions/want to discuss feel free to reach out directly!

That's a good way to look at it@Tyler MI did feel like 7.5% was a bit high.

Feel free to connect with any questions about investing or financing.  

What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

Especially since you haven’t seen any suitable replacement property.I will add that you will probably feel really good in a couple of years when you sell it.  

@Taz Zettergren to be honest, I too like the Little Rock suburbs more than the B-ham area.I have been more active though in Bham because I really found a great team of agent/PM/Lender in that area and I feel confident in their ability to get me a good deal.Unfortunately, I cannot seem to find an agent/broker in the LR area that gives me that same vibe. 

Hi, check out Ohio's real estate market all my clients/investors would agree that investing is Ohio is a great choice that they all made as far as real estate. 

That being said, years ago I lived in a 15-unit and the checks were made out to our landlord’s family trust.

More than 2x the in place NOI at purchase and will refi out 100%+ of initial capital and hold for cash flow.What made you interested in investing in this type of deal?