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Updated over 8 years ago on . Most recent reply

User Stats

38
Posts
28
Votes
Ben Hooper
  • Atlanta, GA
28
Votes |
38
Posts

Investment property has been bought and sold multiple times

Ben Hooper
  • Atlanta, GA
Posted

I've made an offer on a duplex built in 2003 in a class C neighborhood, and from then to now, it has been sold 6 times. The numbers look good for this property so i'm confused why it  would be sold so frequently.

What would cause investors to get rid of this property so frequently?

Most Popular Reply

User Stats

38
Posts
28
Votes
Ben Hooper
  • Atlanta, GA
28
Votes |
38
Posts
Ben Hooper
  • Atlanta, GA
Replied

Would this seem like a riskier purchase? 

How would you handle this assuming it was built in 2003 and the seller doesnt have solid proof of rents if he's just flipping it.

Thanks for the insight so far!

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