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Updated over 8 years ago,
3-Plex [ Deal Or No-Deal ]
I am looking at a deal in Gwinnett County, I am having difficulty finding comps to access the ARV. So I dont know if if have a good deal or not.
Its a Triplex with an unfinished bonus room with possibility of making a studio rental.
Current Income: $2755
Mortgage Expense: $2600
Current mortgages total $349K (1st+2nd)
Owner is open to creative financing. Is there a deal here?
I am waiting on ARV from friendly realtor.