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Updated over 4 years ago on . Most recent reply

Nathan Asher Robson's profile image
Nathan Asher Robson's profile image
Nathan Asher Robson
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Nathan Asher Robson's profile image
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Nathan Asher Robson
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Nathan Asher Robson
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Starting Out

Are rental properties under 60k worth buying?

Nathan Asher Robson
Posted

I’ll have between 50-60k to purchase a rental property at the end of the year. I’ll be paying in cash most likely because I want the cashflow.

Is it realistic to expect to be able to purchase move in/rental ready homes that can be filled with tenants, for less than 60k?

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Jason Hopkins's profile image
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Jason Hopkins
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  • from Memphis, TN
  • Member since Oct 5, 2016
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Jason Hopkins's profile image
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Jason Hopkins
  • Investor
  • from Memphis, TN
  • Member since Oct 5, 2016
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Jason Hopkins
  • Investor
  • Memphis, TN
286
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549
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Jason Hopkins
  • Investor
  • Memphis, TN
Replied

Depends on the market your looking into.  In Memphis that is doable. 

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