Updated over 9 years ago on . Most recent reply
Made my first offer today!
Made my first offer today on a multifamily investment property in central massachusetts. I don't want to get into too many specifics yet but its a 3 family, 3 bedroom/unit with the first floor needing some rehab after a somewhat destructive tenant w/dogs. I calculated my cash on cash to be approx 27% once its fixed up & fully rented with 25% down as an investor. After reading extensively & listening to the podcasts its exciting to finally start putting some of this knowledge base to use. I'll post more details if/when anything happens with this deal.
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Thats awesome! I hope to be making my first purchase very soon as well, congrats.