Updated over 8 years ago on . Most recent reply
20 years old and just bought my first duplex!!!
Ahhhhhhhhhhh.... So after 8 months of researching real estate and 2 1/2 months of physically going to look at properties I finally closed on my first duplex last week. Thank you Biggerpockets and all of you who've answered my many questions during the duration of 8 months. Im also putting things into action now to start wholesaling some deals to buy another property before the end of the year! With that being said any newbies on here. Don't get discouraged. Take the information you learn from your many resources and put them into play and you'll be just fine.
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Michael Henry It's a duplex located in the Delaware County area. Right outside of West Philadelphia. It's 2 units both 1bd/1bth. The tenant upstairs will sign a new lease this sunday. I'll keep his rent at 750 for the first year to get him to stay(Pretty good tenant). My plans are to stay in the downstairs unit until I save enough capitol to buy another multi family property using the BRRRR process. I'll soon be creating my LLC and starting my mailing campaign.