Nathan Payne and partners work through the economics of an 8-plex, where cash flow won't cover full-time maintenance staff. Lenders often require professional property management before they'll refinance, a detail that shapes how you structure the deal from day one.
You know, because there's going to be some management issues with an 8-plex. You don't have enough revenue there to have on-site. You're going to have to, you know, get part-time people to come and take care of maintenance.
So, right, are you thinking about managing that yourself too?
Um, the, the person that I'm working with on this deal, he says that in order for us to get, you know, refinance out of it eventually, if that's one of the plays, you have to have a company do it for them to, I think, give you a specific loan or You guys must know.
Is it fair to assume that your experience on this is just minimal compared to your partner? Minimal. We're getting no answers out of you. Yeah, but it's okay.
It's okay. You can come here.
Why Traditional Wholesaling Keeps Failing You (Use This Pre-Flip Method Instead)
