New Member from Bay Area

[Puneet Sharma]

Hi, I am looking to get started in investing in small multifamily units in Sacramento

[Robert Musallam]

@Puneet Sharma

There's no definitive way to say that in 6-9 months you'll be able to acquire a property for less than the market is asking for now. What you should be doing is identifying EXACTLY what you're looking for.

Example:

Duplex 

Between $250-300k

Cash on Cash at least 10%

CAP at least 8%

Whatever you want to qualify a property as a deal to you, then go and start analyzing deals to see if any of these meet your criteria. If they do, think about pulling the trigger. But analyze, analyze, analyze, that way you know a deal when you see it.

Best of luck!