Bakersfield duplex , what is a better alternative?
I am reposting this as may be i'll have even more feedback here, specific for Bakersfield, as i posted it before on the general forum.
Hello,
I live in LA and have an accepted offer in Bakersfield to buy a duplex. Both units 2/1 (2'tandem' bedrooms, one of them is very small, like a sun-room). Currently rented for 750 each unit.Price of the duplex is 185K. It is in a older area, house build in 1925 and has a charming fire place and retro feel to it.
- Does this deal 185K/1500 monthly +plus guest house sounds as a good deal for Bakersfield?
- what could be a better alternative?
- I can either buy cash or finance: how i can find the best deals?