All Forum Posts by: Khizer Husain

After doing research, I have realized the maximum upside is in BRRRR strategy for Multi-Family. It is very hard to get good deals or find renovation multi-family projects. Ive been on loopnet and Crexi. Nothing exciting, Anyone know any website or place where I can get Renovation-MultiFamily listings or deals? I am open to all over America, however looking for significant upside.

Thank you. 

Hi, I am planning on making an offer for a property around Poplar Ave, Memphis, TN 38105. 

How is this area? Is it good or bad? hows the crime rate?  how much would studios and one bedrooms rent for here?

Yes but Fannie/Freddie you have to wait at least 12 months before Refinance I have been told. Please give me your suggestions @Andrew Postell

I am planning on acquiring a property on cash in Rowlett, Texas. I am getting a super distressed deal and the property I am acquiring, I am acquiring at a 12% cap. Market in same area is around 8% cap. I just want to cash out and get my money out from the cash deal immediately after purchase and let it cashflow for me. No Rehab required. @Andrew Postell @Moises R Cosme

What are going cap rates for a 6 unit multi-family property in El Cerrito, California. I am looking at something in the following zipcode: 94530. I am looking at buying a single multi family building with 6 units and duplex and fourplex. Kindly guide me on true cap rate comps in the area If I was to sell a fully renovated 6 unit multi family building in this area? What cap rate should I expect to sell it at?

In addition, what are rent comps for a completely renovated 600 sq. ft 2 B/ 1 BA in this area? 

What are going cap rates for 10 unit properties in Jacksonville Florida. I am looking at something in the following zipcode: 32207. I am looking at buying a single multi family building with 10+ units and duplex and fourplex. Kindly guide me on true cap rate comps in the area If I was to sell a fully renovated 10 unit multi family building in this area? What cap rate should I expect to sell it at?

In addition, what are rent comps for a completely renovated 800 sq. ft 2B/1B in the area?

I am talking about fully renovated units.

Thank you for your help

What are going cap rates for 10 unit properties in Jacksonville Florida. I am looking at something in the following zipcode: 32207. I am looking at buying a single multi family building with 10+ units and duplex and fourplex. Kindly guide me on true cap rate comps in the area If I was to sell a fully renovated 10 unit multi family building in this area? What cap rate should I expect to sell it at?

In addition, what are rent comps for a completely renovated 800 sq. ft 2B/1B in the area? 

I am talking about fully renovated units.

Thank you for your help

Thank you guys! Appreciate it.

Anyone know any banks or financial institutions who would have a no seasoning refinance policy? Im looking to rehab and refinance almost immediately after purchase. Please guide me. This is super important for me as I do not want to get my money stuck. Please also guide me on how delayed financing works.

Thanks

Hi Alex, yes I know about the post covid restrictions. However I am sure banks are still doing it. I am interested in 75-80% LTV cash out based on appraisal value. What do you mean by blanketing several multis together?

thank you