Would you do this deal???Purchase $200.000Down money $50,000Loan $150,000 conventional @3.8%(30yr)Closing costs $14000Rehab $60,000All in 274,000ARV 280-300Rents 3000-3400/monthPITI- 1360Repairs - 150Capex 150Vacancy ...
Looking at a small multifamily property in a small town and would like some help in evaluating the numbers for this property.
$800K for 12 units. Taxes are $14k. Insurance $4000 (estimate??). Expense calculated at ...
Wondering how I could structure thisI have a seller who has his ear opened to do a seller finance deal/ mortgage wrap. He has a tenant that's renting the property for 3+ years for $1000/month.The seller wants $80K f...
Community,By way of quick background, I'm a young non-real estate private equity professional and really believe in talking directly with people who know their stuff. My network really is limited in the house flipping...
Fairly new to rental business. Just bought my first Condo rental. Let me know what you all think of this deal I just did.
Numbers
Purchase Price: $20,000
Loan: $20,000 @ 4% interest for 5 years = $368.33 (owner of...
Hey guys,I came here seeking some advice/support on this. I am a new investor who is closing on my very first property (a house hack) within a month. Now the place doesn't look amazing, it needs some cosmetic work, b...
I have three partnerships that I am working on but I want them all to be fair and I'm not sure what is right. 1. 3 people, equal part investors and experience level. All 3 are splitting proceeds and expenses from a sh...
I am actively looking to invest in a multifamily in the jersey city area. I am doing all of the research I can and am trying to determine what the best deal is for me. I have approx. $70K I am ready to put down on a p...
6 Unit Multi Family Listing Price $284,999 Pro Forma Annual Income $51,000Utilities $3500Taxes $5811Working the numbers with 20% down payment ($57,000)Private Investor $57,000 @ 6% = $3420 annual or $285 monthly ...
What is a good way to transition into smaller deals and then into bigger deals. I want to do 2 house hacks and then start going commercial and go bigger after I get my foot in the foot.