We currently own 1, 4 Plex and am  working on strategizing the purchase of the next one.

We have an opportunity to pick up a lot and are wondering if it's cheaper to just buy a duplex/4plex that is already built and fix it up instead of building one from scratch with the current  construction costs being so high. 

Probably too late for these 2 duplexes currently in rehab, but going forward Ill probably need something more solid,.Thanks!

Hi Margarita,I currently live in Yuba City.

Currently it’s owner financed. 

I have a duplex in Central HIlltop and am currently buying 2 more and actively looking for more deals in Hilltop.

I am currently in a very high interest hard money mortgage that balloons in September 2025.

We're assuming we'll remain at or near existing rents for the next few years, and planning on it if our current tenants stay. 

I am not saying they do all of those positions full-time, but to find someone who is capable to do all of those positions successfully and not get burnt out with the current pay expectations it is difficult to achieve regardless of a 3rd party or a sponsorship team being at the helm. 

The day I purchased it I reached out and introduced myself to all four tenants and one tenant told me that she was currently living with a relative because her electric got shut off.