Buying & Selling Real Estate Discussion

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Jennifer Velazquez
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Purchasing a 4 unit review

Posted Jan 26 2022, 06:36

Good morning-I'm new to bigger pockets forum, I'm been listening for a few months. I have three doors and am looking at a deal right now for a turn key four unit. It's in what I believe would be a C area and all 4 units are section 8 at 1000k each. They are asking 340k which is over the market. I'm considering putting in an offer around 250 up to 270. Operating-is 5k taxes and 3600 in gas, water & refuge. I would use a DSR loan with 20%down. I know this isn't-a BRRR but the cash flow is good. I'd appreciate any insight pros and cons.-thanks in advance

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