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Updated over 4 years ago,
First deal in Syracuse, NY!
FINALLY!!!
Found a piece of property!
I just had an offer accepted on a duplex in the 13203 zip code.
Both apartments are 3 bedrooms, needs minimal work, and the 1st floor has been there for 10+ years.
She's a little under market, but the upstairs apartment could be bumped up to around $800 - $850 / month.
Purchase price, $45,000
On the surface, it seems like it's going to be a crazy good cash flow deal judging from the 50% rule.
Now...
And this is the problem...anyone have a real estate attorney up there that they can recommend? LOL
And possibly an asset protection attorney?
Thanks in advance!