Financial Fiction Friday #19

Someone Knows Their Multiplication Tables

Shoot, why didn't I think of that? 

I sure could use an extra $4k/mo.  I'll just go dust off my $22,200,000* to scoop up an 80-unit building in my city.  Actually, while we're at it, let's make it a 160-unit building since I'll need the extra money due to inflation.  

The current owner will still give it to me for $22,200,000 since I'm from the internet, right?

Follow me for more secrets on how to turn $4,000/mo in hypothetical income into $8,000/mo in hypothetical income.   

*Using the average of three local apartment buildings to create a proxy for a per unit cost x 80.  If we want to be conservative, call it $13,200,000.  Now, sure we could finance it but that still requires 30% down ($4-$6.6M). 

All Fiction