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Updated almost 12 years ago on . Most recent reply

User Stats

82
Posts
13
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Derek Johnson
  • Investor
  • Waterloo, IA
13
Votes |
82
Posts

Triplex in Waterloo, IA

Derek Johnson
  • Investor
  • Waterloo, IA
Posted

I'm looking at a triplex here in my hometown have a couple questions.

First I'd like to get it for 3% down, if I occupy one of the units is that possible?

Second here's the info on it:

$92,900
Main level 2 bedroom, apt rents for $800/mo.
Upstairs efficiency with new carpet, rents for $450/mo,
Upstairs 2 bedroom rents for $650/mo.
7 off street parking spots. Kitchen appliances - all units.

This sounds great, I'm wondering how I can verify this or what questions to ask the seller/seller's agent? The rents I mean.

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