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  • Duplex and the 2% rule
    Started September 21, 2010
    Just doing a quick search online, I can't find anyone who would lend $30K. Let alone $30K for 30 years. Does anyone have suggestions on finding someone who would loan this amo... See more
    Reply 13 replies
  • Duplex and the 2% rule
    Started September 21, 2010
    The tax amount is based on what the current owner paid last year. The county currently has the property valued at 37K . The insurance amount may be a little high. I was just ... See more
    Reply 13 replies
  • Duplex and the 2% rule
    Started September 21, 2010
    I have found a duplex that seems to fit the 2% (rent * 50) rule but the actual profit doesn't seem worth the effort. Asking Price $35K Total Rent: $750/month Expenses per year... See more
    Reply 13 replies

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