Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 10 years ago,
Potential Multi in Trenton
Hey all - newbie investor here that is focused on wholesaling at the moment, but has ultimate plans to get into 100+ unit apartment complexes eventually.
The reason I'm posting here, however, is because I was able to locate a fully-rented 2-family home in Trenton for a cost of $69,000. The monthly rent totals $1,450 and I'm in the process of negotiating a seller-financed deal with the owner. I guess my questions really surround everything else I'm not accounting for. What other information do I need from him to make an educated decision? Taxes, maintenance, what else?
Thanks!