My husband and I are about 20 years away from retirement and looking to purchase some rental and flip properties to build towards to retirement.
I am actively looking to invest in multifamily units 50+ properties.
I am just getting started, however I do have a criteria for the acquiring properties. I am looking for properties with 8+ Cap Rate, Cash on Cash Return of 16% and Debt Coverage of at least 1.6.
I ve read numerous books on real estate investing. Went from bad credit to having home loan offers sent to me. Ive been buying and selling cars but I need a walk thru or some experience around me so I dont start off real estate investing losing money.
I'm a real estate connoisseur and interested in improving my block by rehabilitating abandoned and neglected properties.
