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Updated over 6 years ago,

User Stats

4
Posts
1
Votes
Chad Chism
  • Residential Real Estate Broker
  • Lafayette, IN
1
Votes |
4
Posts

Long distance duplex?

Chad Chism
  • Residential Real Estate Broker
  • Lafayette, IN
Posted
This year we bought a personal home and a SFAM rental. Rental rented out October 1 for $1000/month. We’re thinking of buying a duplex in another state (WI) where my friends moved to and not sure of how to get the 25% down necessary. HavING A pROPERTY THERE WIILD BE A GOOD INVESTMENT AND ALSO ALLOW OUR TRAVELS THERE TO BE MORE TAX DEDUCTIBLE. Refinance what we currently own, or wait until I have the cash to put down, or just wait? It seems the Green Bay Area has good deals on duplexes and I’m interested in adding to my portfolio. 🤷🏼‍♂️ Any ideas will help! (Don’t know why when I added text above that my phone made it all caps!)

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