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Updated over 5 years ago,
Need advice on Buy&Hold duplex
Seeking advice. There's a duplex for sale, but the seller is not motivated to sell below market value. If we pay market value, we will still cash flow $300/door. Both units have renters; one that's been there 3 years and one that been there 14 mo.
is it still a "good deal" if we're paying market value?. We'd cash flow but wouldnt have a big equity cushion.