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Updated about 6 years ago on . Most recent reply
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Buying my first duplex
Hey everyone,
I'm in the process of buying my first investment property which is a duplex. I'm wondering is there anything I should look out for in the process?
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@Devin Radford
Hi Devin,
Purchasing a duplex is no different than purchasing any other real estate asset, you want to make sure you get a top quality home inspection. The few hundred dollars you spend here could save you thousands in the future.
Secondly, since duplex's are appraised the same way a SFH would be, be sure to double check your comp numbers, both sales price and rental amounts.
I purchased a duplex with similar numbers in TN last year so feel free to reach out anytime!