indeed smart investors are on the gorund.

Those deals are gone quickly. 2 months ago there was a better deal. 6 4-plex, 24 units for 1.1M, mix of 2-beds and 3-beds. 200K down, seller financing with 5.5%. It was sold in 2 days.

I found apt complex less attractive currently. At least 40K per door. At the same price, I can easily get a SFH of 1200 sqft with a higher rent. Therefore, I am focusing on HUD/Fannie properties. Recently I have a realtor join my team; he is a member of our State House of Representatives. I will see how he is performing to get properties from banks.

所有跟帖： 

• 44k/door is high to me, how much avg rent? -jy101- ♂ (42 bytes) () 12/02/2011 postreply 04:42:53

• $550 -sweetptt- ♂ (0 bytes) () 12/02/2011 postreply 08:32:32

• not worth the effort -planotx- ♂ (237 bytes) () 12/02/2011 postreply 09:08:07