cant get one to close

4 Replies

I can find good deals but I just don't have the funds to ciose theme. If any one would like to get some homes in wyomnig let me know

You need to do a better job pitching the deal!  You can't just say "I have great deals, I swear" and expect a response.  Post a few examples of deals you missed out and go from there.

I have four town hoeses they are going for 400k. the rent is 850 amonth. three are already rented.

Originally posted by @Carl Raines :

I have four town hoeses they are going for 400k. the rent is 850 amonth. three are already rented.

 @Russ is right much more details including objectives would help others to offer advise on how to get good deals done.

The deal you mentioned, using only the details provided, is not what any investor would consider to be a good deal.

With a rent of $3,400 per month using 50% as the expenses the NOI would be $1,700/400k = 0.00425% return. That's assuming all four units are rented.

In any reasonable real estate assessment this is a negative cash flow deal.

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