Is this a reasonable deal?
Ok first off i haven't had a chance to visit this property as of yet. The property is a 2 unit home w/ a 4 car garage attached. Now there are tenants that live there and the garage needs work is what i was told. I was also told that the units are in good condition, but the garage is the problem.
I'll give you a small description of the home. Its priced for $39,900 and 2204 sqft. Now the other properties(2 units) in the area are going for $49,900-$69,900.
Now i'm think this is a good deal especial for my 1st time investing. I do plan on negotiating on the price. I would like to see other ppl's opinion and advice on this property.