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Updated almost 8 years ago,
Getting ready to make first offer...
Hi Everyone,
So I'm getting ready to make my first offer. Seems solid enough...
3 units $700, $700, $500
Asking - $42,000
Taxes around $3,000
Separate utilities
Currently fully occupied, but I need to get rid of the first floor tenant because he seems to be a nutcase.
Question is...
Should I start renovations unit by unit, or kick them all out, and renovate the whole thing at once?
Problem is, between down payment, closing costs and reserves in the bank, I won't have much to do a rehab.