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Updated over 8 years ago on . Most recent reply

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12
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Mike Reece
  • Russellville , AR
0
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12
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Looking at Duplex

Mike Reece
  • Russellville , AR
Posted

I have invested small time real estate for several years now.

 I now want to start making more money off of it.

I have found a really nice duplex for around $150,000.

I don't know if it's a good idea, a good deal, if I can get financed or anything about buying something like this.

I've spent hours listening to bigger pockets podcasts and reading forums, seeking advice and a mentor but I just haven't found the key to unlock this mystery.

I work a hard job physically and mentally demanding that I hate and I'm looking for a way out.

Can anyone give me a simple rundown on how to get started in multifamily properties or put me in contact with someone in or around Arkansas that is honest and can help? A link a book, anything will help!

Thanks and God Bless,

M. Reece

Most Popular Reply

User Stats

227
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131
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Susan H.
  • Investor/Landlord
  • NWA, AR
131
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227
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Susan H.
  • Investor/Landlord
  • NWA, AR
Replied
Originally posted by @Mike Reece:

I have invested small time real estate for several years now.

 I now want to start making more money off of it.

I have found a really nice duplex for around $150,000.

I don't know if it's a good idea, a good deal, if I can get financed or anything about buying something like this.

I've spent hours listening to bigger pockets podcasts and reading forums, seeking advice and a mentor but I just haven't found the key to unlock this mystery.

I work a hard job physically and mentally demanding that I hate and I'm looking for a way out.

Can anyone give me a simple rundown on how to get started in multifamily properties or put me in contact with someone in or around Arkansas that is honest and can help? A link a book, anything will help!

Thanks and God Bless,

M. Reece

 Mike, are you thinking of living in one and renting out the other? If so, I found this BP article that might be useful: https://www.biggerpockets.com/renewsblog/2015/03/2....

Best wishes!

~Susan

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