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Updated over 10 years ago,
Possible Duplex purchase?
Looking to get my feet wet with a possible Duplex i've found. Each unit is a 3/2 with rentometer quoting roughly $800 per unit(not sure how accurate that is). It is an REO listed for $84,900, stated to be newly renovated carpets, paint, bathrooms. Property taxes on it are $1600. I am not looking to live either unit, so is 20-25% down the only option i'll have?
Any input regarding the property will be very much appreciated!