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All Forum Posts by: Robert Baker

Robert Baker has started 1 posts and replied 1 times.

Buying & Selling Real Estate

Post: Buying a 6-plex for a newbie

Robert BakerPosted
  • Investor
  • Lees Summit, MO
  • Posts 1
  • Votes 0
I am new to the real estate investment game and trying to get my feet wet. I came across a 6-plex that appears to be a good deal. I am curious what to be aware of when buying a 6 unit building (6 connected townhomes) versus typical 1-4 unit buildings. Any advice is appreciated! This building is listed at $420,000 with a mix of 2 and 3 bed units. I estimate an average of $800 per unit monthly rent, I plan to get the actual details tomorrow as it is fully rented. What financing options do I have or should I pursue?
0 Votes