$500k to $200k cash flow

[Thomas Willingham]

I want to develop a 3-5y plan to turn $500k into $200k/year cash flow.  I’m comfortable in the commercial space but also considering Multi Family.  Most of my current 40k sqft is healthcare.

Help me develop my game plan.

[Austin Steed]

@Thomas Willingham In columbus OH I've done 2 deals better than a 40% CoC return, which is what you'd be looking for. One was with VA financing which made my initial cash outlay very minimal, using the 0% down payment. This is not scalable.

The other time I received an INF CoC return was by pursuing the BRRRR strategy. Which to be honest I think there was some lucky timing with that one. Although, this is scalable. My suggestion would be for you to BRRR a larger MF property. Maybe even like what @Mark H. Porter said, 50+ units. You may need more operating cost on the rehab/construction side of things. I've used short term capital for operating cost. 

That's the goal I'd pursue! All the best