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Updated over 10 years ago on . Most recent reply

Chris H.'s profile image
Chris H.'s profile image
Chris H.
  • from Winter Park, Florida
  • Member since Oct 13, 2013
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Chris H.'s profile image
Chris H.'s profile image
Chris H.
  • from Winter Park, Florida
  • Member since Oct 13, 2013
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Chris H.
  • Winter Park, FL
3
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22
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Real Estate Deal Analysis & Advice

Orlando Duplex

Chris H.
  • Winter Park, FL
Posted

Looking to put in an offer on a duplex by the end of next week. One side is vacant, the otherside is rented way below market for the area. A few questions: Is there a contingency I can put in the contract to end current lease? Also, how can I make sure the owner doesnt lease the otherside out before I close? Property needs about 20k in rehab and rents will be about 1050/mo.

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Patrick Jacques's profile image
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Patrick Jacques
  • from Orlando, Florida
  • Member since Mar 27, 2014
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Patrick Jacques's profile image
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Patrick Jacques
  • from Orlando, Florida
  • Member since Mar 27, 2014
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Patrick Jacques
  • Orlando, FL
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Patrick Jacques
  • Orlando, FL
Replied

There definitely are not many multi families in the Orlando area.  Our verison of a "multifamily" is the ever popular townhouse.  Multi's do exist... but they are typically very beat up and on the wrong side of the tracks.  

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