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All Forum Posts by: Wendy Martin

Wendy Martin has started 1 posts and replied 2 times.

Marketing Your Property

Post: Should i sell or hold a Multifamily in Jacksonville FL

Wendy MartinPosted
  • Posts 2
  • Votes 1

@Wendy Martin

I’m only considering selling because I just received this offer:

Purchase price: $400,000

Downpayment: $200,000

Monthly Payment: $964.39

Interest rate: 5%

1 year balloon

I’m just not sure how good it is.

0 Votes
Marketing Your Property

Post: Should i sell or hold a Multifamily in Jacksonville FL

Wendy MartinPosted
  • Posts 2
  • Votes 1

I’ve inherited a Duplex near downtown Jacksonville FL. I’m trying to decide if I should hold or sell. It is currently vacant and almost completely renovated. Value estimated between 400-460k with monthly rent est 3k. There is no debt but I live 2.5 hrs away.

1 Vote