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Updated over 3 years ago, 09/14/2021

User Stats

11
Posts
3
Votes
Consuela Adams
  • Atlanta, GA
3
Votes |
11
Posts

FHA 203K loan Duplex

Consuela Adams
  • Atlanta, GA
Posted

Seeking Advice: I'm looking to buy a duplex property in Atlanta with an FHA 203K loan, found the property myself off market. The property would generate excellent cash flow with more that 9% of cash on cash return. I believe this would be a excellent BRRRR property. It is in a excellent school district. How should the off market deal be structured on a contract when no Real Estate Agents are involved? What other funding could I use for closing and the down payment if I have no cash to fund the deal?

Thanks for any feedback

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