Post
Topic
Board Securities
Re: [Havelock] RentalStarter - A Midwest Real Estate Investment Company
by
Branny
on 06/04/2014, 01:58:18 UTC
Found a older landlord wanting to liquidate quite a few properties. We don't have anywhere near the cash to buy them.

Whats the gross yield and the net after the costs of running them. Might have an idea......

Gross income is $4500/mo , cost might run at most $750/mo without setting aside money for repair escrow.

Kind of thought about asking to do seller financing w/ substantial down payment. Kind of shying away from that right now because to do it right we'd just about do all our liquid reserves.