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Updated almost 9 years ago,
My First Offer
Hi guys,
I've been following Bigger Pockets for a few years now, and I am finally in a situation to start investing!
Here is the situation- my wife is going to be attending school finishing her bachelors degree in the fall. The University she will be attending is about 100 miles from out home :( Lucky for me, I have a good job now that lets me work from home! So we will be moving for the next 2 years. We want to buy a small multifamily property, fix it up, live in one of the other units and rent the others.
I have found Triplex that I think will fit the bill. It has potential, and the seller is out of state and wants to get sell bad. Seller is willing to do owner financing. I have the cash saved up to make this deal work, I will be doing much of the work myself, but estimated expenses as if I was contracting it out.
So... here it is:
https://docs.google.com/spreadsheets/d/1pC_u4uiDaM...
I would love to have you more experienced folks tear it apart for me!