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Updated about 4 years ago,
Good Deal Or Too Good To Be True
Recently, through scrolling through listings in one of the markets that interests me I found a "package deal" of two duplexs and a single family house. The information shown on the listing says the current rents of the tenants in each unit. And, through running the numbers based off of the listing prices, I have found that they should all cashflow at or above an 11% ROI. I am a new investor, meaning I dont currently own any properties, and think that househacking one of these while owning the other two (all in the same neigborhood) might be a great start, especially after looking at all the numbers.
All in all does this sound too good to be true and/ or way in over my head? Or is this a deal that I should dive into?