http://www.biggerpockets.com/blogs/502/blog_posts/2395-triplex-is-a-bust#comments Comments from 'Triplex is a bust' in Wheatie's Real Estate Investment Saga at BiggerPockets.com http://www.biggerpockets.com/blogs/502/blog_posts/2395-triplex-is-a-bust#c_1958 http://www.biggerpockets.com/blogs/502/blog_posts/2395-triplex-is-a-bust#c_1958 Sorry it was a bust. How much were they asking for it and how much would you pay for it? http://www.biggerpockets.com/blogs/502/blog_posts/2395-triplex-is-a-bust#c_1959 http://www.biggerpockets.com/blogs/502/blog_posts/2395-triplex-is-a-bust#c_1959 They were asking $120K. I think the rents would support more like $80K. ARV is always troublesome on properties like this, so I'm not sure what that would have been. http://www.biggerpockets.com/blogs/502/blog_posts/2395-triplex-is-a-bust#c_4270 http://www.biggerpockets.com/blogs/502/blog_posts/2395-triplex-is-a-bust#c_4270 Hi Jon, On repairs if you can get a handy-man that'll be a lot cheaper, instead of Lic. Contractor. If you're in my area, there are plenty of handy-men. I did construction for 8 yrs. in NYC metro area, now thats what I do. As for as your refinancing concerns that is the best strategy. Did Bank/ Lender lend you on investment proprty?Good Luck.