Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Account Closed
  • Accountant
  • Phoenix, AZ
8
Votes |
31
Posts

Stuck - First investment property

Account Closed
  • Accountant
  • Phoenix, AZ
Posted

Hello!

Does anyone have any helpful stories on how they have found their first investment property? I am searching for a duplex and currently planning on living in one unit and renting out the other. I am also pre-approved for a loan.

Lately I have been having some trouble finding good duplex opportunities. For the past few months I have been searching the MLS, driving around, wholesalers email me but within days the deals is already closing and I plan on going to a REIA meeting next month, but I have not found anything that meets my criteria. My Criteria: Currently seeking a property that is in a B or C neighborhood(not looking into specific neighborhoods), 1 or 2 bedroom units, duplex or triplex, under $175,000, with a net cash flow of $100 and ok with doing minor repairs...

Any tips for finding duplex deals in a competitive market??? Any feedback is appreciated!!!

Loading replies...