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Sanjay Motilal
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1st Time Investor looking at duplex unit in Lehigh Acres FL

Sanjay Motilal
Posted Jan 4 2021, 08:07

The unit was built in 2006. The management fees are around 10% . The land here is pretty cheap , around 4-6K, and lot of vacant land in the area, so wondering if it has any growth potential . In terms of cash flow , the numbers do look good. 

Can I finance a duplex unit as a secondary home , given I live in NJ and this property is in FL.

Any thoughts or tips would help a great deal, as I am investing for the first time and this is a remote investment.

Thanks in advance ! 

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