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Updated about 3 years ago,
Would You Buy This Deal?
Hey guys! I wanted to get some opinions on a deal that I am analyzing.
The purchase price is $350k.
2 units, main unit $2,600 (3 bed 1 bath)
Lower unit $1,400 (1 bed 1 bath)
Taxes are $9k a year.
This home can be worth $450k with an additional $25k invested into it.
Would you buy this deal? If so, how would you buy it and what would your strategy be?