It’s my opinion that many investors have the wrong mindset when it comes to real estate investing.  

If you have it at 399k, what are the rents of the two units now, when do the leases end, and what is the expected rent of the vacant unit? 

Like Rick said, if the numbers make sense for you then why not?

However, the ROI on the cheaper house seems kinda low if I rent out the property as a whole.

Hello All,Does anyone have a couple of good brokers or direct lending contacts that specialize in commercial loans (multi unit 5 or more) on the North side of Chicago? 

Hi the seller has a tenant who 's lease expires december. he offers two options:1) sign the contract now and wait to close when the tenant leaves in december .2) close now and keep the tenant. 

Thank you for the info.

I am trying to find the most relevant information for our strategy to ensure we get the best joint tax deduction options against MY W2 income.Is the following strategy correct?

Hello,I've been listening to podcast/reading all about rental properties and I think the time has come to give it a go.

With seller carry backs you can get the seller to take a 2nd mortgage and carry most if not the entire down payment.