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Updated about 10 years ago on . Most recent reply

User Stats

43
Posts
21
Votes
Derrick Jordan
  • Real Estate Consultant
  • Atlanta, GA
21
Votes |
43
Posts

duplexes versus single family one unit

Derrick Jordan
  • Real Estate Consultant
  • Atlanta, GA
Posted

im starting out investing recently been approved for 70k conventional and wondering whats the product should i be looking at.

options are as follow-

1. Condos- newly built does not need any renovations. my concern here is HOA fees

2. My original model considered buying sf 3bed 2 bath homes in Atlanta, however turnkey are hard to find and lender will not cover any rehab cost.

3. Duplexes and quads- while  they are hard to comeby  I feel as though if im going to have to come up with funds to do rehab. i might as well get a duplex and double my potential gross earnings.

Does anyone have any advice.

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