Updated over 6 years ago on . Most recent reply
I’m looking at a old 3 unit building.
I’m looking at a old 3 unit property. This will be my first rental investment. I’m considering opening up a heloc on my personal home to fund the deal and renovation. My biggest concern is the property was built in 1926. I will only have roughly 15g to renovate. It does have a new roof and one unit has been renovated in the last year. I’m meeting the real estate agent tomorrow to actually look at it. Any tips on what to look for and what questions should I ask?