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Updated about 8 years ago,
Unfamiliar with multi family, is this a deal??
Hello all. In Houston, I generally wholesale houses but ran into a multi family deal. It's a 10 unit deal, 5 duplexes, all on one large lot with room to build 2-3 more. Owner wants 265k, willing to negotiate. It's not a great neighborhood, mainly working families. Unfamiliar with multi family and numbers. Could this be a deal? How would you structure. Thanks all.