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Updated over 8 years ago on . Most recent reply

User Stats

254
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228
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Noah Chappell
  • Investor
  • Minneapolis, MN
228
Votes |
254
Posts

Looking for 15 unit in Milwaukee, WI area

Noah Chappell
  • Investor
  • Minneapolis, MN
Posted

Hello! 

I'm just starting out as a buy and hold investor - looking to invest in a 15 unit multifamily in Milwaukee, WI area by early 2019 w/ a 100k down payment on a 500k mortgage...

1) Does anyone know the best area to invest in an apartment building of this size w/ a cap rate of at least 10%? 

2) What is the best type of tenant group to aim for (professional vs section 8, etc.) ? 

Thanks so much!

Noah

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