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Updated over 3 years ago on . Most recent reply
First duplex. Need opinions.
Hello everyone
Finally about to close my first deal in this crazy market. Found a duplex for 99k and was able to negotiate it down to 93k. It may need a little work, probably 10-15k rehab but both units are occupied on a month to month lease.
Tenants pay $450 each but rent in that area is at least $600
I will check it out tomorrow with the option to back out of the deal if i don't like it but even if it needs some work i think this is a good deal.
Any thoughts ?
Thank you!