After evaluating different markets, I did not feel long distance investing was for me at this time.Numbers made sense, seemed low-risk; so just pulled the trigger.

After evaluating different markets, I did not feel long distance investing was for me at this time.Numbers made sense, seemed low-risk; so just pulled the trigger.

Even with a steep discount I would end up paying about 115k per apartment, but would have to make some decent renovations ending me at about 140k per apartment.

That should put me at about $3-500k of borrowed money and with selling a few items I should have enough liquid.

If you pair that with the appreciation side of things it makes sense, to me at least.

I have about 60 k in capital which would put me at 300 k duplex.

@Ryan CummingsAlex Dowdy at First citizens bank did one for me at the end of last year.

They are telling me I must pay to lock in the rate atleast 4 days prior to closing which makes no sense to me at all.

I just want more meat on the bone these days.

Other providers sell the units only after the rehab is completed and the tenant in place.Any turnkey investor should ask very probing questions of the turnkey provider regarding the condition of all mechanicals, roof and windows prior to entering into a deal.