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Updated almost 9 years ago,

User Stats

16
Posts
3
Votes
Dustin McGee
  • Multi-family house/apartment Investor
  • Williamsburg, VA
3
Votes |
16
Posts

Duplex with great cash flow

Dustin McGee
  • Multi-family house/apartment Investor
  • Williamsburg, VA
Posted

I have the opportunity to purchases a duplex for 50k that needs another 20k of rehab. I am going to do most of the rehab work by myself and my team which it should only take 2 months to complete. My goal is to rent it section 8 which is going for $750-$800 in the area. I am looking for a partner to purchase the property with me and fund some of the rehab. 

I have gotten the rehab quotes from contractors so the budget is higher compared to me doing the work by myself.

I don't want to see this property float away. I am willing to negotiate the terms and percentages, I am open to ideas.   

Let me know if anyone is interested.

Thanks everyone!

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