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Updated almost 10 years ago,
Going to look at a Duplex but agent seems..LOST
Hey guys and gals,
Im heading out to look at my first property today and i can use some help.
Here's a little about the place:
Small duplex (1,456sqft) that seems to be recently renovated. Currently no tenants ( I plan on living in 1 unit anyway). Each Unit it 2b/1 bath. Realtor.com claims it could rent for $550 per unit.
He had a buyer last week but if fell through in contracting. Its listed for 65k, would I be wrong for offering 50k? Cash offer. Im not sure what questions to ask or information to seek today . The agent that has the house listed seems confused and not very helpful. And i called today to confirm our appointment and he forgot what time. However, it seems like a decent deal for a price i can afford. The reason i will be paying cash is i'm assuming i cant get a loan for under 50k.
Any advice for this new invest that is still learning to crawl?
Thanks,
Tony