Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

9
Posts
5
Votes
Dhrupal Patel
  • Rental Property Investor
5
Votes |
9
Posts

investing in Allentown suburbs

Dhrupal Patel
  • Rental Property Investor
Posted

Hello BP family,

i have closed a deal in Breinigsville(Allentown suburb)

townhome PP:$250,000, 25% down for 30 years, 3.25 APR, PIMI:$1196, Rent:1950. HOA and utilities is paid by tenants.

This deal doesn't satisfy 1% rule neither did i look for equity while buying it. i was only looking at cashflow and neighborhood. Does this seem like a good deal or I should up my game moving forward? what else should i be looking at/ what did i do wrong in this deal? any advice is highly appreciated.

Loading replies...