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Updated about 6 years ago on . Most recent reply

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12
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Andrea Ragan
3
Votes |
12
Posts

My first deal Need advice/support

Andrea Ragan
Posted

Hi, I very new to this, my partner and I have an accepted offer on a 4plex which needs a complete rehab. He is the number cruncher and I am the capital. He says it looks good with a 10% CoC 12% cap rate. Are these numbers high enough? I've only done the Stockmarket previously 10% doesn't seems like that great of an illiquid investment to me.

What numbers should I be shooting for?  Please help! 

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