Not many Multi family options.

[Bryce Ray]

Ok, so i have been looking for a multifamily dwelling to owner occupy in the Dallas Ft.Worth Grapevine Arlington Desoto area for a few months now. One of the main reasons i am going the multi-family route is to create the additional income as well as having a tenant pay majority of the mortgage. Problem is , it seems like there are no freakin options! i feel like i'm searching for a unicorn when taking budget(200k) ,location and availability to move in into consideration. Also i do understand most duplexes are not in the best neighborhood. If a decent home comes on the market its bought cash right away. I've went as far as reaching out to property management companies to see if they are dealing with any owners who have properties they would like to sell. 

This all brings me to my question of : What are some things that i could be doing to increase my chances of finding a deal maybe before it even hitting the market or just not feel so stuck in this search? I am 100% open to any advice criticism ideas Help!

[Kenneth McKeown]

@Bryce Ray You just have to be quick and always looking. I've closed on three duplexes in the last 6 months alone just by being the first offer in on a property. These are all MLS deals - and just being aggressive with great terms in regards to the offer. These were for 285-440k duplexes though - and I can tell you this, you're never going to find a duplex for 200k in most North Dallas areas (and definitely not Grapevine), unless you're finding it off market and in absolute awful condition. The market is just too competitive and too hot at the moment... and with it also being the slow time in regards to real estate, not a lot of properties are being listed.