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Updated about 5 years ago,
looking at 2 4plex's
Tomorrow afternoon I am going to look at 2 neighboring 4-plex's. Asking price $250,000/ea. with $3,000/ea. income. I am using my HELOC for the %25 down payment. After running the bigger pockets calc. one building with cash flow $830 the other $950, then I need to take out $900 for HELOC payment. Does this still seem like a good investment? Looking for any advice available.
Thank you!