Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago,
Finding investment property
Hi,
My partner and I are looking for our first duplex. Planning on using an FHA, may qualify for conventional after this tax season. My question; the current market being what it is.. has made it very difficult to find a duplex and to match offers. Right now there aren't any duplex's for sale in the area we are looking (job and family). Would sending out "prospecting" letters be worth it? I have scouted several possibilities but wanted some advice on how to source a duplex in this area. Also, to find a way to be competitive with offers? Would like to find something by April, have been looking for almost 6 months now and have made 5 different offers.
Thanks