Under $350k deal with positive cash flow

[Yehuda R.]

Hi

I'm looking for positive cash-flow properties that has a potential of appreciation as well for $350k or under. 

With current interest rates, mortgage payments will be quite high so I will need some kind of property that can generate some monthly income (even if it is very little). 

Which markets should I be looking at that can be cash-flow positive but could also appreciate rapidly in the next five to ten years? I am looking for a single-family (or multi-family property) and will buy and hold.

[Peter Stewart]

I would look closely at doing a short or medium term rental in Indianapolis. There are neighborhoods that are great for both and that are also in the process of revitalizing/gentrifying, so you can get cash flow as well as a good chance for above-market appreciation. 

I'd be happy to chat with you more about the Indianapolis market and opportunities here. Feel free to reach out and we can get a call scheduled.