Monthly payments of $420 ($72k financed).Rehab was a big one, $55k, full gut for a 3 bed / 2 bath house. 

I furnished the AirBnB unit with beds, couches and desks for each room.

I have interest in a property that is a 5 bed 3 bath.

Im a fairly new investor and this is my first retail commercial deal ...any input would help!

But to Bill’s point it’s just this is an investor website and most investors don’t want to work with retail agents.

Several iBuyers are freezing up acquisitions at the moment, those on low cash reserves are frozen up on acquisition, interest rates are on the floor, retail buyers are too shaken to contemplate much more than just doing a refi and riding it out.

How are you managing the requests from your RETAIL tenants when they tell you that cannot pay the rent and need to delay or work out a payment plan. 

Investment Info:
Single-family residence buy & hold investment in Indianapolis.

Purchase price: $55,000

Cash invested: $92,000

Appraisal just came back on this home for $137k. All in for $92k ...

It is a 2 unit building of retail type space.Here were the terms:$0 Earnest MoneyWe were able to put one of our businesses(A Salon, which is shut down by COVID for at least 45 days) in one of the units at a very good rent which was staggered from 6 months free, 6 months of $1,000 per month, 12 months of $2,000 per month, and then the remaining months $3,000 per month. 

Goal: Buy a class A or B multifamily for my family and my extended family while trying to reduce housing costs and build equity in NJ/NY area using a VA loan.Requirements / Wish List1. 2-3 bed room unit for my own family2. 1-2 unit for my extended familiy3. an extra unit for rental income4.