Please Advise On This Possible Deal
This is in Brooklyn NYC
$585000 - 6 UNIT APARTMENT BUILDING - 9.8% CAP
Total rent roll is $72,000 (as stated).
Tenants pay for their own heat...
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Issues standing jn the way:
My annual income is about $48,000.
I have less than 10% to put down (probably 5-8% max). FICO score is around 630
Neighborhood still isn't that great, but it is getting better & prices are appreciating.
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