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19
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Connie Chan
  • New York City, NY
6
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19
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Multi-family investing in baltimore

Connie Chan
  • New York City, NY
Posted

My sister and i are looking to purchase mutli-family in Baltimore.  We have made an offer on a 8-unit multi-family near University of Maryland Biopark and decided not to go forward because of structural problem.  Which neighborhood you recommend for multifamily investing (5-10 units, purchase price under 700k, we plan to hold 3-7 years, ideal cap rate 8+; low crime rate)?  Would appreciate feedback from active investors in the area.  Thanks so much.