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Updated over 8 years ago,

User Stats

145
Posts
68
Votes
Rod Joseph
  • Rental Property Investor
  • Alpharetta, Georgia (GA)
68
Votes |
145
Posts

3-Plex [ Deal Or No-Deal ]

Rod Joseph
  • Rental Property Investor
  • Alpharetta, Georgia (GA)
Posted

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.

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