Duplex investment, both sides

New to Real Estate · Liberty Missouri · Member since 2024 · 6 posts · 3 votes

Hi I get a lot of messages regarding my interest in a duplex but no one is sending me a property, only asking questions so I will make it easy for everyone and try to get the ball rolling. I want a duplex, my mom can move in the other side near or in Liberty Missouri or Gladstone Kearney possibly North Kansas City area. 300k has been my recent approval. I have 3.5% for any FHA type of loan. I want something that needs a little work nothing major. Who ever can find it gets the sale I'm tired of answering the same questions over and over with nothing in return. I understand it may be harder to find this type of deal but that's what I want.

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Stephen QuesinberryBusiness Member

Real Estate Agent · Cumming, GA · Member since 2016 · 226 posts · 157 votes

5mo

I get the frustration, but part of the reason people are asking questions is because good duplex deals that fit FHA, house hacking, location, condition, and budget requirements are usually pretty specific and competitive.

The good news is you actually have a fairly clear buy box already, which is a great start.

At this point, the biggest thing is staying consistent and looking at deals as they come up. The right property may not appear immediately, especially if you’re trying to avoid major rehab.

I’d also encourage you to focus less on “whoever finds it gets the sale” and more on building a relationship with one investor-friendly agent who understands house hacking and small multifamily. A good agent can help filter deals, move quickly when something fits, and help you avoid wasting time.

Cornerstone Real Estate Partners

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Stephen QuesinberryBusiness Member
Real Estate Agent · Cumming, GA · Member since 2016 · 226 posts · 157 votes
5mo
I get the frustration, but part of the reason people are asking questions is because good duplex deals that fit FHA, house hacking, location, condition, and budget requirements are usually pretty specific and competitive.

The good news is you actually have a fairly clear buy box already, which is a great start.
At this point, the biggest thing is staying consistent and looking at deals as they come up. The right property may not appear immediately, especially if you’re trying to avoid major rehab.

I’d also encourage you to focus less on “whoever finds it gets the sale” and more on building a relationship with one investor-friendly agent who understands house hacking and small multifamily. A good agent can help filter deals, move quickly when something fits, and help you avoid wasting time.
Cornerstone Real Estate Partners
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Jake YuskaitisBusiness Member
Lender · New Jersey, USA · Member since 2022 · 254 posts · 67 votes
5mo
going to charge her market rent?
[email protected]551-287-6884
Frontier Funding LLC533 Reviews
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Caleb Brown
Real Estate Agent · Kansas City · Member since 2018 · 4k+ posts · 3k+ votes
5mo
Quote from @Joseph Walter:

Hi I get a lot of messages regarding my interest in a duplex but no one is sending me a property, only asking questions so I will make it easy for everyone and try to get the ball rolling. I want a duplex, my mom can move in the other side near or in Liberty Missouri or Gladstone Kearney possibly North Kansas City area. 300k has been my recent approval. I have 3.5% for any FHA type of loan. I want something that needs a little work nothing major. Who ever can find it gets the sale I'm tired of answering the same questions over and over with nothing in return. I understand it may be harder to find this type of deal but that's what I want.

300K is very tough to find. Happy to connect, I peaked and there wasn't anything currently available within North KC, Gladstone and Kearney. Most of the time duplexes are 350-400k in those areas. Happy to connect but might take a few months as inventory is tight in those pockets. Are you open to going south of the river?
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