As it sat it was worth less than $100k but somehow the owner figured out I owned the lots on either side of him so he wanted $200k for it plus I had to tear it down for another $20k or so.

Hey fellow BiggerPocketers, I'm Alvin, excited to connect with you.  

Rule number 1:  The lease contract and the Option contract, or two separate contracts, and should NEVE be connected in any way. 

My wife on the other hand had new credit but a 700  score they explained we need it to get her personal credit and then in 6 months apply for business they did combine $77,000 in buisiness  and personal the best thing was my credit score only drop 6 points and yes I used Kaydem financial to remove inquiries worth the price I got a total of $204,000 all interest free and yes its been 7 months since I complete it my funding all credit cards are active about to start the process again why pay a hard money lender points and high intresst when I can just use my credit card to buy real estate low interest no points 

My husband and brother both have extensive backgrounds in construction, while I have experience in design, so I am very confident that with the updates we would make, the house could be worth over $900k.

However, you need to check the numbers and see if a duplex is worth buying in the particular areas you want to live in. 

Now $1,000/door is more common and still with just 5% yearly appreciation that’s worth hundreds of thousand more than the cashflow, per property. 

Paying 40k that I can't touch to save what $130 isn't worth it in my opinion. 

Outside of real estate, I enjoy classic cars and travelling with my family.Excited to learn and connect with you all!

I'm looking forward to learning from and connecting with fellow investors here.