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I’m Four Months Into a 1031 Exchange—Now It’s All About Finding the Best Deal in the Haystack
We are less than a month away from listing our Brooklyn, New York condo, which we bought for $375,000 back in 2004, the same week we got married. 20 years, two […]
Seven Reasons Why the Housing Market STILL Hasn’t Recovered From the Pandemic
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Starting Out
HomeForumsStarting OutStarting with Tenant Occupied?
Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Maryland
  • Member since Jan 22, 2018
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Maryland
  • Member since Jan 22, 2018
Connect
Account Closed
  • Maryland
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Starting Out

Starting with Tenant Occupied?

Account Closed
  • Maryland
Posted Jun 24 2018, 14:28
I'm just getting started in real estate. I am looking to buy a tenant occupied B or C scale property in blue collar America that is already running positive cash flow. I can pick up a house with a tenant in it, in Ohio for about $50k to $60k. Is this a bad place to start? I currently own my own house and have about $200k in equity in it, which could buy a positive cash flowing rental home to get started. Thoughts?
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