Activity
Mon
Wed
Fri
Sun
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
What is this?
Less
More

Memberships

The Cohost Formula

Private • 1.2k • Free

Commercial Real Estate 101

Public • 1.2k • Free

Wholesale Real Estate (Free)

Private • 1.7k • Free

2 contributions to Commercial Real Estate 101
To know more about me
Hey there, I'm Christopher from Chicago, and I'm passionate about investing in various online businesses. By day, I'm a truck driver, but my side hustle dropshipping has turned out to be quite lucrative!.. I'm making more money from my dropshipping venture than my truck-driving job. That's why I’ve been focusing more on my side hustle lately. I’m also a proud dad and husband, which keeps me motivated every day.. you can message me on my telegram account if you want to make more money online, and you should be friends with me. https://t.me/Anymaking
1
0
How does this look?
12 unit, $224k multi of major company has 5 yr lease with scheduled increases of 6% in 1 yr. looks like 6 CAP puts price at $3.73M asking 3.79. 1 yr on market. I see room to negotiate will ask broker to see if seller will finance. Otherwise on the full price the best I could find was a 5.1% 15yr FNM loan with 20% down. Maybe I could get a LP to put down which would be $8400 mo.if I got the loan it would be 30 yr amortized $5500 mo. Looking at 13,900 mo. Which would net me around 4500mo. Based on current NOI. Any ideas from Obi Wan or Yoda?
1
10
New comment 22h ago
2 likes • 2d
hows everything
3 likes • 2d
hope you are doing well
1-2 of 2
Christopher B. Benge
2
11points to level up
@christopher-b-benge-3027
Equal opportunity

Active 12m ago
Joined Dec 20, 2024
INTJ
powered by