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Michael Stowers
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Need help analyzing a deal

Michael Stowers
Posted Jun 4 2022, 06:13

Hello,


I am looking to purchase from a wholesaler $150k cash for a duplex that each unit rents for $725/monthly. 8% cap. After closing I would refinance and pull out up to 80% ltv. Happy to share location and get any feedback as I’m an out of state investor not familiar with Milwaukee market.

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