Updated over 18 years ago on . Most recent reply
New player , New deal
THis would be my first deal.
I found a house for sale in an economic thriving neighborhood. Nice homes, no crime, its growing development wise, everything checks out. The house 3 Bed, 2 Baths. $160,000. So to my non-experienced understanding i go apply for a mortgage and rent higher than my monthly payment and hand the managment over to a PM company and i keep the difference? Am i good to go?