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Updated about 8 years ago,
Duplex 2/1 or Duplex 3/2
2/1 two units
In the east Dallas market.
Price is 179,000
Rent rates are around $800 at current home condition. If upgraded could get $900 maybe.
3/2 two units
In the east/south Dallas market
List price is 210,000 with multi offers
I'm planning on offering 215,000
Rent rates are at $1000 with current condition.
Small rehab investment could get rates to $1200.
I feel 215,000 is a good offer but don't want to lose the deal over low balling my "best offer"
Any advice, thoughts, suggestions would help.