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Updated over 10 years ago on . Most recent reply

18 unit going under contract this week looks like a winner
I'm new and have been doing a lot of reading on here. I think I have found a good investment. Numbers are $118,000 a year. $41,000 in expenses. Purchase price $400,000. $100,000 down and 5% at 10 years. Seller financing. This is my 2nd property I currently own a duplex and this is my first venture into commercial. Any advice would be greatly appercited
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Why is it so cheap?