Updated over 5 years ago on . Most recent reply
Stuck with two properties
So I have two great deals, foreclosure that is going for 79k to be fixed up, but fixed up would be worth closer to 180k. And I also have a family member who is offering to sell me her triplex which I am also very interested in for very cheap. I talked to my mortgage lender and obviously they can’t put both loans on a mortgage, I was wondering the best way I should go about this?
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Joe Villeneuve
#5 All Forums Contributor
Pro Member
#5 All Forums Contributor
- Plymouth, MI
Not enough info. What are the rents and expenses for each property? What's the cost of rehab on the foreclosure? What is the value, rents, expenses, asking price, etc...for the triplex?