I’ll take the three units that are in Cambridge.

Imma need a bunch more details before I agree to get scammed on this one

Is the seller a prince? Do I have to pay the 1.9mill in Amazon gift cards?

Freshly minted bitcoins in a silver briefcase please...

Wiring you the 1.9 m in bitcoin right now. Don’t sell to anyone else.

Lol it is real. First time ever marketing on here. Should of known it was going to get smoked. Worth a shot!

Great pitch.

Reddit is full of clowns. That’s why I love it here!

Do they have Venmo?

Can i get a bogo deal?

Do you think anyone here can afford that?

Send me some off-market housing options!

This is why they have Realtor.com or isoldmyhouse.com. Get outta here with this shit and go on CL. WTF?!

What is the address?

If you have 150k available, and get a mortgage for 1,750,000, your monthly rate will be around 10k/mo with excellent credit and a good bank. Assuming you can steadily keep at least 5 of these units occupied, if you can rent them for more than 2k/mo you’ll cover your mortgage costs. Current 1br avg is 3,153 in Cambridge. That being said, you’ll also need to consider property taxes, which in Cambridge amount to ~11k per year or $926/mo (or $185/mo/5 units).

So pricing at 2,200/mo could cover mortgage and property taxes.

If you are only putting down 150k, you’ll also need mortgage insurance which can range from 0.5% to 5% of the total amount borrowed payed each year. Plus homeowners insurance. Plus closing costs.

If you can put down at least 390k you can forgo the mortgage insurance and then only need to pay homeowners insurance on it.

Also assume that the quality of these rentals will not be high enough to warrant 3,100/mo, and will possibly require repair and refurb.

Also you always want to be sure you are earning extra each month to cover repairs and unexpected costs.

So, depending on the property this could be a viable investment property, or a money pit.

I don’t know why I just crunched these numbers. I don’t have 150k or 390k to pay, but in case anyone was in these comments thinking about it, wanted to lay it out for ya.

> amount borrowed paid each year.

FTFY.

Although payed exists (the reason why autocorrection didn't help you), it is only correct in:

• Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. The deck is yet to be payed.

• Payed out when letting strings, cables or ropes out, by slacking them. The rope is payed out! You can pull now.

Unfortunately, I was unable to find nautical or rope-related words in your comment.

Beep, boop, I'm a bot

Realtor.com is for on market listings smart guy. And Craigslist you have to pay to have and advertise. If the post has nothing to do with you why do you even waste your breath?

Oh, I’m dead. You killed me. Get the fuck out of here with your selling real estate. Douche canoe.

What’s your email address and what are you looking for?

Good one! You are a loser buddy!!!!! Go stir shit on another thread. I could care less what you think. Douche canoe haha I like that.

Real talk - the reason you're being downvoted is because we don't need r/massachusetts to turn into a local realty sub. If you do it then so will 100 other realtors every day all day and that will kill the sub. There are better places.

Good luck.

Alright. New to the reddit posting life. I will take it down. Thanks for the honesty!!!