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Updated over 6 years ago on . Most recent reply

User Stats

22
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10
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Alex Howard
10
Votes |
22
Posts

Buying someone else portfolio?

Alex Howard
Posted

Cincinnati local looking to increase my monthly income by purchasing buy and hold properties. I'm an engineer by day and just purchased my first house. As of now I would like to break into the multi family properties. I found a property I would like to purchase, but the thing is the man who owns this property is in declining health and is looking to get rid of 4 more properties with similar situations. Most of them are side by side duplex and 1 3 family that rent for 450-550 monthly, and are all within 10 minutes of my house. Is it unheard of to just purchase this mans portfolio?

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