But just being totally candid, I’d want someone with a few more deals under their belt and a track record of cash flowing properties.

Shop around until you find one with good terms as many banks are tightening the belts on these now due to COVID.Good luck and keep us posted!

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $270,000

Cash invested: $54,000

I purchased six doors in March of 2022 - my first multi-family purchase. Tons...

After a few deals under your belt you may think about fix and flipping, which is something I may do myself once I have done a few deals with wholesaling.Michael Wagner - I would also like to chat with you about how you got into the storage business.

It might be better to invest a little more and be in a class C neighborhood, where you'll get better rents, have a little better class of renter, and less risk overall.I know a lot of investors rent in class D neighborhoods, but the reality is it's usually a conveyor belt of renters, damages, fixes, rinse and repeat.

Sounds like you already have a bit of experience under your belt.

Might be a deal that could test your skills, and I don't see any break even close by, at the worst case you'll break even but still gain experience, something I am comfortable in doing, just to get an addition under my belt if I were you.

love the idea. i am in a similar boat, got a few deals under my belt and hopeful to step it up to the bigger deals over the next few years. one concern for me is that the turnkey stuff seems to be getting much more expensive lately, a lot of investors have taken most of the deals and i see a ton of retail investors in the marketplace paying more for deals that used to be pretty cheap.

Have few properties under my belt, and construction connections (general, electric plumbing) let me know if I can be of any help.

welcome, I am fairly new as well but have 4 wholesale deals under my belt.