Potential duplex purchase in Houston TX

[Courtney Downtain]

Hi Everyone! I am in the market to purchase my first duplex in hopes to rent out both units and not live in it myself. I came across a potential buy for me and now the confusing part for me comes in, what is the best way to finance?! I am not looking to pay cash for this property. How much should I put down, how should I finance, should I ask for owner financing? Any advice on my next steps would be so helpful. I have attached the listing from Zillow so you all can take a look for yourself. http://www.zillow.com/homedetails/12202-Ormandy-St-Houston-TX-77085/28281825_zpid/ Thanks guys!

[Matt Kampf]

Courtney Hebert , so turn key rental then.
As far as locating a turn key duplex you might want to consider getting in touch with a brokerage firm or wholesaler and get added to their lists. If you tell them what you're looking for they should send you info on properties that meet your criteria. Research the firm that works for you. Tyler Bernhard with New Western Acquisitions in Houston is a great guy and should be able to give you some great advice.
As for funding, a turn key rental is going to be close to retail value unless you can find a good deal. You may be looking at a traditional bank loan on something like that since you're not wanting to do much in the way of rehab. Possibly a brokerage firm if you have good credit and good assets. Do some homework on who will be the best fit for you.
Hope that helps some!