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 over 5 years ago,
Should I buy this duplex?
I found a 2/1 duplex near my house for sale for $169,000. I think I could get it for maybe $160k. It’s been totally redone. New roof, flooring, cabinets, everything because there was a fire a year or two ago. It is currently leased out through April of 2020 pulling in $1,725 a month. $875 and $850. Taxes are $2,027 and insurance would be around $1,000. Owner pays for water and yard maintenance ($150 a month combined for both). I have enough for 15-20% down and would be getting a loan from a family member at a rate of 2.33%. This would be my first multi-family house. Is this a good deal??