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Updated over 3 years ago on . Most recent reply

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Boston Wolfe
  • Rental Property Investor
  • West Fargo, ND
0
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1
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Looking for advice on a deal

Boston Wolfe
  • Rental Property Investor
  • West Fargo, ND
Posted

1st possible deal that can be split between me and a business partner

•4 bed 2 bath

•Roughly 160k price

•Would split down payment, profits, expenses down the middle

•half of a duplex

Our market is tapped out and this feels like a good place to start since it will be local versus trying to get a deal out of state.

My questions are:

would it be smart to hire a PM for my first deal?

Should I continue to look or fork over the 10% for half the down payment and just get started?

Any advice appreciated!!

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