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Real Estate Deal Analysis & Advice

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Tyler Goulden
Pro Member
  • Lobsterman
  • Arundel, ME
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62
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first deal officially under contract

Tyler Goulden
Pro Member
  • Lobsterman
  • Arundel, ME
Posted May 19 2017, 05:14

Well it took a year and a half worth of credit repair but I finally got my foot in the door and my first property is officially under contract.  Only a duplex and I was hoping for a 4plex but they're incredibly hard to find in my area right now.  Ran the numbers and if I did everything correctly it'll cash flow $596.31 a month after I move out in a year.  Hoping inspection and appraisal goes well and I can move in mid June.  Then its time to learn how to flip so I can stack some paper and get in the commercial world.

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