- Joined
- Sep 18, 2007
- Messages
- 267
I have an investor that is interested in investing $150,000.00 with my on a JV. I currently own in Chilliwack and Red Deer and would prefer to stay in these areas as it is what I understand.
They need as much cash flow as possible.
Should we buy multifamily (4-8 plex), buy a house or townhouse with a very small mortgage or pay cash for a very cheap condo? Maybe a couple houses or condo with $75,000.00 down on each? Which city? Any other options?
Any advice would be very helpful as I want to ensure that I can offer them a deal with cashflow of $800.00 -$1000.00 per month.
They need as much cash flow as possible.
Should we buy multifamily (4-8 plex), buy a house or townhouse with a very small mortgage or pay cash for a very cheap condo? Maybe a couple houses or condo with $75,000.00 down on each? Which city? Any other options?
Any advice would be very helpful as I want to ensure that I can offer them a deal with cashflow of $800.00 -$1000.00 per month.