When you're buying to hold and rent, what is an acceptable cashflow per month for you? After loans and expenses?
We're looking at a couple of multi-family setups that would net about $175-$275 on the cashflow each month. Is this enough margin, or should I keep looking for better deals?
When you're buying to hold and rent, what is an acceptable cashflow per month for you? After loans and expenses?
We're looking at a couple of multi-family setups that would net about $175-$275 on the cashflow each month. Is this enough margin, or should I keep looking for better deals?
THANKS!
Tracey R.