Concidering a POL · Commercial Real Estate 101

Concidering a POL

I found a 2 unit property. Not exactly what most are working towards here or what I have for long term plans, But I think it will be a good small scale start. Its off market. Offering $80k with $240 rehab ARV will be $450-$485k. 2 - 3 bed 1 bath units rent would be $1800 for each unit. This would give me all my investment back on the refi and leave me with fully renovated 2 unit building to start off with. Thoughts ro suggestions welcomed?

2 comments