Pediatric Dentist since 2003. Started becoming passionate in 2018 with Real Estate. 2019 passively invested in 800 doors actively looked for properties. 2020 big year. Goal is to close on five complexes. 4 under contract
Address: 3720 Walnut St Harrisburg PA
Number of Units: 15
Value Add Deal? No
Purchase Price: $1,215,000
Estimated Cash on Cash Return: 6%
Getting the real financials. Had to verify. It was tough. Owner was not giving me all the info. When I said I was going to walk away magically I got all the financials and they matched. He just did not want to do the work.
Get as much information as you can before you get that purchase agreement. Never give up.
Fixed 5 yr bank. Will reset every five yr based on 300 over 5yr Federal Home Loan Bank Weekly rate. No financials needed
* These examples depicting income or earnings are NOT to be interpreted as common, typical, expected, or normal for an average student. Although we have numerous documented successful deals from our coaching students, we cannot track all of our students’ results, and therefore cannot provide a typical result. You should assume that the average person makes little to no money or could lose money as there is work and risk associated with investing in real estate. The students depicted have participated in Rod’s training and coaching. The participants shown are not paid for their stories.