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Updated almost 6 years ago on . Most recent reply

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11
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2
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Brittany Taylor
  • Rental Property Investor
  • Syracuse, NY
2
Votes |
11
Posts

Purchasing first investment property

Brittany Taylor
  • Rental Property Investor
  • Syracuse, NY
Posted

Can someone give me direction on a property.

3 unit property 90k won’t be ready until October with cash flow of 700 if I live in one unit. Down side is There’s an industrial lot across the street and it’s an off market verbal agreement.

2 unit for 60k outdated but the rehab would be 15k for simple touch ups. It’s ready to buy now. Better neighborhood. Cash flow 300 if I live in one unit.

I know the three unit has a higher cash flow but it won’t be ready until October and the two unit is ready now and in a better neighborhood.

Can I get guidance from a seasoned investor!

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