
30 October 2021 | 1 reply
The initial numbers I ran did not take into account remedy the crawl space issues so I would need credit on it to move forward.

3 November 2021 | 7 replies
$260.00Management $520.00Insurance $111.00Property Taxes $354.00Mortgage Payment $1,517.96Total $4,072.96Monthly Cash Flow: $1,127.04Cash on Cash ROI: 24.18%Financial Projections:Total Initial Equity: -$ 351,000.00Gross Rent Multiplier: 6.25Income-Expense Ratio (2% Rule): 1.28%Typical Cap Rate: 8.14%Debt Coverage Ratio: 1.74ARV based on Cap Rate: $ 390,000.0050% Rule Cash Flow Estimates:Total Monthly Income: $ 5,200.00x50% for Expenses: $ 2,600.00Monthly Payment/Interest Payment: $ 1,517.96Total Monthly Cash Flow using 50% Rule: $ 1,082.04This feels like a good deal based off the number, but It also put me on top of my budget.

31 October 2021 | 4 replies
So we are in the process of purchasing a 5 unit multi family property. I'm told by my realtor that we are gonna close early the first week of November. It all comes down to the title company and how busy they are. ...

2 November 2021 | 8 replies
You call the secretary, set the appointment and attend the appropriate session.

31 October 2021 | 0 replies
There are 7 other tenants all section 8 and all of them have been trouble for the current owner and lets just say after my initial visit I am not going to want any of these tenant living there.

11 November 2021 | 18 replies
If not, the initial cash flow will be the highest you will ever receive, and you will have a continuously declining standard of living.Population Size - Greater than 1 million.

1 November 2021 | 1 reply
I'd love to see a detailed breakdown including, but not limited to, financing/initial investment, NOI, cash flow, CoC return, etc.

9 November 2021 | 11 replies
@Sam Shirazi Hi, as Eric said you are having a tough initial go!

2 November 2021 | 22 replies
(I am just asking since I have not managed to get a deal that good, and would like to learn/gain some new perspective from more experienced ppl, like how much cash-flow are those deals, how much downpayment/initial cost, how much monhtly estimated expense, etc)

1 November 2021 | 0 replies
It was for sale initially for 225K, I offered 100K and we settled at 110K.