Buying & Selling Real Estate Discussion

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Rich Czapkay
  • Rental Property Investor
  • Central Texas
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Buying multiple Duplex's

Rich Czapkay
  • Rental Property Investor
  • Central Texas
Posted Jan 24 2022, 09:19

My business partner and I have an opportunity to purchase a number of duplex's (4-5) in a brand new development. We are brand new to RE investing and have struggled in the last year trying to get things going. Is this too much of a chunk for beginners? We can come up with 20% for a down payment but not much more than that. Being fairly conservative with the numbers it has a slight positive cash flow. At this time we are looking at a 5 to 10 year investment. This is in Central Texas somewhat near Austin so I think property values will continue to increase. Any thoughts?

TIA

Rich

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