Updated almost 5 years ago on . Most recent reply
Is this a good deal for first property!
Duplex 2 bed 1 bath on each side with 2.5 car garage.
Listed for around 269k
Offer around 250k
Rents for $2200-$2400 total
Taxes are about $6900
Loan 3.25%
Great area that will supply A+ tenants.
This would be my first property. Thanks.
Most Popular Reply
Joe Villeneuve
#5 All Forums Contributor
Pro Member
#5 All Forums Contributor
- Plymouth, MI
A couple of things.
1 - Rents mean nothing if the CF that results is low. What's the CF?
2 - There is no such thing as "good for the first deal". Either it's a good deal or it's not. There are no "gimmies" in REI.