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Updated over 6 years ago,
To Buy and Hold or Not!! Need Help
Ok so I'm in visiting In-laws in Florida and came across a duplex. I'm looking for creative ways to possibly go back to the seller and possible get the deal done.
Sale Price 365,000
Side A rents $1500
Both are Section 8
Side B rents for $1600
ROI More than 10 percent annually
Taxes Per $4200
Insurance $2900
I would really like to get my second buy and hold property but I'm wanting to know the best creative way to to purchase this fast. I'm thinking some type of seller financing options.
Also should I ask to see her books? Thanks in advance for any suggestions!