Buying & Selling Real Estate
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 almost 10 years ago,
is this a deal?
so I'm currently negotiating a possible deal with a ms who's getting old and wants to leave the wife with something so here it is a duplex 2bd 1bth both units occupied with brand new leases. The building is in a war zone area. I did my numbers and came up with a fmv of 23k so i was able to talk seller down to 12k from 25k...rent is currently 425 a month my plan is to wholesale it as is investment property tenants pays all utilities except water and sewage. Need opinions and suggestions from you all... thanks