Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Property Near City Park, Denver Colorado
Hey Guys, This is pretty much my first post. I found a duplex, two 3 bedroom 1200sqft units, Near City Park, maybe about 4 blocks North West of it, in Whittier. They are asking $720k for it and potential rents are $2500/unit, but each unit needs about $25k of work. Not entirely sure which direction to take from here except ask the local guys what their thoughts on the Whittier area are and if I should pursue. Follow up questions welcome. My proforma is showing 12-15% COC, but I don't have debt/equity so I need to either work with an investor or just sell it off as a flip.