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All Forum Posts by: Chris Ehlert

Chris Ehlert has started 1 posts and replied 32 times.

Classifieds

Post: Mfg Home on 2.5 Acres Port Orchard

Chris EhlertPosted
  • Tucson, AZ
  • Posts 36
  • Votes 17

What year is the mobile? You can message me.

0 Votes
Creative Real Estate Financing

Post: How did you buy a multi family with 0% Down?

Chris EhlertPosted
  • Tucson, AZ
  • Posts 36
  • Votes 17

Good topic! I just asked my loan officer the same ?. In my market over here there is a lot of competition. So I looked for an on your lot builder that built duplexes. Depending on size, the price was 155k-195k plus your lot and development. Your lot would have to be zoned for multifamily. I need to put 3.5% down, but after the estimate with the contractor and putting it in the BP calculator. What I could rent it out for would pay for the mortgage, and if I refinance with the equity after it was built the cash flow was $700-$950/month. That was using all the factors in Brandon's webinar, but it would be brand new.

1 Vote