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04-15-2007, 10:47 AM #1
Renter
- Join Date
- Apr 2007
- Posts
- 3
Looking for a Duplex-- need advice
I am planning on purchasing a duplex soon to rent out, I haven't really start looking yet but was hoping I can get some good advice here.
Here's the problem, the few prices that I did find it wasn't cost effective on a few properties, obviously the rent wouldn't cover the mortgage.
So what do I do, should I look for a fixer upper duplex, then stick a few dollars into it to make it liveable?
Or make low ball offers and hopefully someone bites??
Anyone can give me a few hints/tips I would appreciate it!
Thanks!!
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04-16-2007, 06:06 AM #2
Condominium
- Join Date
- Mar 2007
- Posts
- 199
Where are you at? It may help to have advise from a realtor who knows your local market.
-Tim
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04-16-2007, 06:27 AM #3
Renter
- Join Date
- Apr 2007
- Posts
- 3
I live in south jersey, I would be looking to spend 250k and below.



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