Purchase price: $200,000 Cash invested: $70,000 Wife and I finally pulled the trigger on this duplex.

@Tim JohnsonThere are essentially two ways (and a few variations) to purchase this deal, depending on how the owners are selling it:As a going concern:  In this instance you are buying the business, so it is the business you evaluate: assets, liabilities, revenues (historical: 3 - 5 years), operating costs (historical: 3-5 years), future financial projections, goodwill, etc.    

Purchase price: $125,000 Cash invested: $20,000 I love duplex's.

@Danny Celestin- thanks   1) yes - there is a large  difference bwtween  investment property and  preimary residence pricing  2)  assuming the 2 quotes provided are for  investment  properties - these are not too bad for a 2-4 unit purchase 

My advice would be to see if you can purchase the plans only. 

I'm very close to purchasing my first Memphis property.  

Purchase price: $180,000 Cash invested: $225,000 Current flip.

My out-of-state clients are successfully purchasing BRRRRs and flips deals here because you can still find cash flowing and 1% rule deals here with tons of appreciation.

Purchase price: $100,000 Cash invested: $73,000 Sale price: $267,500 Contributors: Peter Vekselman Partner Driven, in partnership with Francisco Diego, acquired a home on 4th Pl SW, Vero Beach, FL, for $100,000 on 3/31/2022.

I currently own one side-by-side duplex in Euclid (purchased end of 2022), and am looking to eventually buy more rental properties, and possibly get into medium term rentals.