All Forum Posts by: Tayo Black

Something else to consider would be whether you're planning to keep the property long term, or whether you're fixing this to sell it. Look at whether the numbers make it worth it.

Just saw that H&H Furniture is closing, for anyone located near one and needs furniture for their rentals: https://www.the-sun.com/money/...

I'm in the same boat -- before starting, have you figured out if repairing the duplex will increase the property value or increase the rent? 

Great, thank you!

 Have you worked with them, or can you refer folks who have?

@Elise Ras I haven’t found a lender that offers 10% (only 20% down) for a multifamily so house hacking may be your best bet. I recommend visiting local banks near the property and creating relationships, maybe they’ll accept a lower down payment. 

Good luck!! 

@Andrew Bosco Bed Bath and Beyond is closing over 400 stores across the country, may be an opportunity there!

@Briana Smith Not quite an answer to your question but I just saw that Bed Bath and Beyond is closing over 400 stores.. they may have some low-priced good quality inventory to get rid of!

Yep, I’ve taken that into consideration!