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Updated almost 7 years ago, 01/04/2018

User Stats

70
Posts
31
Votes
Virginia Jones
  • Rental Property Investor
  • Pulaski, VA
31
Votes |
70
Posts

About to close on first duplex

Virginia Jones
  • Rental Property Investor
  • Pulaski, VA
Posted

Just looking for feedback on what you all think of this deal I am about to close on. 

Duplex currently occupied with $500 per unit. 

Purchase price of $102,500 with seller paying $2,000 in closing costs and $500 in repairs 

Thinking I will initially do up to $2,000 in repairs and updates although it is not completely urgent as it is already occupied as is. 

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