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Updated over 9 years ago on . Most recent reply

User Stats

43
Posts
15
Votes
Richard Cook
  • Investor
  • Wichita Falls, TX
15
Votes |
43
Posts

Found an interesting deal - 3 plexes for one price, only want 1-2

Richard Cook
  • Investor
  • Wichita Falls, TX
Posted

Came across a listing in a market I am looking to invest in where someone is selling two duplexes and one triplex. This would be our first purchase so we're wanting to start out small. I think we should only buy the triplex and maybe a duplex. Is it possible/easy/advisable to purchase the whole thing and sell one off, or should I find a partner that wants to split it with me - I think the seller is going for the "Sam's Club" sell in bulk strategy. I think it is a better deal than if he were to sell each individually. 

I haven't heard anything back from seller, just sent him an email, so will post details as I get them. Any advice from someone that has been here before? Thanks in advance!

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