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Updated about 8 years ago on . Most recent reply

User Stats

150
Posts
26
Votes
Faysal Alam
  • Real Estate Agent
  • New York City, NY
26
Votes |
150
Posts

1 bedroom condo , worth it or not ?

Faysal Alam
  • Real Estate Agent
  • New York City, NY
Posted
I recently found a 1 bedroom condo , listed at 90k , the monthly rent around the area is 1400-1700 , so I'm just wondering if this would be a good cash flow investment . Also , I have only 30k cash money saved up , ( not in the bank ) I'm wondering how would I be able to get financed for this deal , as my yearly tax statements are very low , ( work delivery in pizzeria) can someone help ?! Not sure what to do , I think it would be a good cash flow , what do u guys think ? And how would I go about purchasing this property without the proper proof of income

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