Updated almost 7 years ago on . Most recent reply
Newbie seeking advice on triplex?
Interested in buying my first multi (Triplex). In my market (FL). Most wanted cash or conventional. Wouldn't take FHA or VA loans. Did find a triplex in the hood fully rented 3k purchase price 260k comps were tough barely any matching triplex been sold within last year. It needs some TLC it is near a cruise port. They do take FHA I would have to live in a unit eventually for a time 800 sq ft. would make $400 cash flow after mortgage with me occupied a unit do to loan requirement. Don't know if I should take it? Help..