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Updated over 6 years ago,
Duplex in Fort Lauderdale...numbers look A+ w/ better potential
*This link comes directly from our calculators, based on information input by the member who posted.
Thank you all for checking out this thread. I am a Realtor in the South Florida market. I have been full-time for about 2 years. I've always been interested in investing and after coming across this podcast/community a few months ago, I have been hooked.
I ran these numbers on a duplex in a desirable/residential neighborhood of Fort Lauderdale, in the Oakland Park area for those who are familiar with the location. I ran very liberal estimates, as I always do, to make room for errors on the side of caution. I ran the numbers using an FHA loan with 3.5% down, so a cash deal would clearly result in better numbers. Anyone with help/advice, I would be very happy to hear opinions. Anyone with interest in possibly either partnering up, I would also like to hear from. Thank you all!!!