Philadelphia, PA · Member since 2015 · 49 posts · 4 votes
Hi guys so i'm moving back to Philadelphia this summer to start investing. I can't make up my mind on whether to start in rentals or flipping. What kind of market is Philadelphia right now?
I want a duplex or triplex u der $70,000k but I'm reading that multi-units are very hard to find so i'm thinking partnering with someone to learn the flipping game but i'm more interested in monthly cash flow. If anyone can give me info on what Philly's market is like, that would be helpful! Thanks guys.
Hi guys so i'm moving back to Philadelphia this summer to start investing. I can't make up my mind on whether to start in rentals or flipping. What kind of market is Philadelphia right now?
I want a duplex or triplex u der $70,000k but I'm reading that multi-units are very hard to find so i'm thinking partnering with someone to learn the flipping game but i'm more interested in monthly cash flow. If anyone can give me info on what Philly's market is like, that would be helpful! Thanks guys.
If you wish to househack you'll probably need to buy a property in ok area. But for 70k I doubt you will find a multyfalimy in a good area with low risk tenants and good schools. But if you are willing to do FHA you have enough money for down payment.