Duplex Cash Flow

[Antonio Guerrera, Jr.]

Hi all,

It was the nadir of the real estate market and everyone was telling me to stay away from real estate.  Valuations were plummeting and people were scared and banks weren't lending.  I knew I wanted to get into duplex investing for no other reason then if one side was vacant the other could still at least pay my mortgage and expenses.  So I jumped in and scooped up a duplex putting only 15% down.  I had great credit but couldn't get a bank to lend to me.  So I called on a private investor and got the loan.  Over the course of five years I have made it the best property in the neighborhood and now I get great rents.

Now I'm on Bigger Pockets and ready to do it again (although the market is slightly different).