Posts Tagged with ‘Income Property’
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Craftsman Duplex in Lush Eagle Rock Location
05 Apr 2012What’s minty green, in a fabulous location and priced at $479k? This lovely 1924 Craftsman duplex in Eagle Rock! At a healthy 2135 sq. ft. with a 3br/2ba owners unit, a new owner could have a prospective mortgage payment of….drumroll…$1316/month, including taxes and insurance! Why so low? Because you have a very happy tenant living in a 2br/1bath unit for $1000/mo. To schedule a viewing of this property or for more information, let me know!
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Flipping Done Right: Duplex Redo in Silver Lake
04 Apr 2012Flipped properties get a bad rap. The negative stigma is mostly due to sub-par, paint n’ dash jobs that don’t justify asking $200k more, 60 days after the last close–not to say this doesn’t happen. However, in this sea of everyday flippers is a small group of true property developers. These guys don’t just throw in Home Depot stock cabinets, rip out a crappy lawn and sprinkle cedar chips–they go all out and get handsomely rewarded.
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Small Mortgages: Modern Duplexes For Your First Home Consideration
30 Mar 2012320 Marie Ave., Los Angeles, 90042 Many new buyers underestimate the value of buying a duplex as a first home. Some duplexes are great for rentals, while others, are perfect for owner-occupants. The Highland Park duplex features a 2 bedroom/2 bath main house and a 1 bedroom/1 bath rental house. With attractive 1 bedrooms in the area fetching $1100/mo., a buyer could have a potential mortgage payment of $1182/mo. — even with a 3.5% down FHA loan, plus taxes and insurance. More after the jump!
