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Updated over 18 years ago on . Most recent reply

User Stats

54
Posts
4
Votes
Christopher McGuire
  • Appraiser
  • Birmingham, AL
4
Votes |
54
Posts

Guru's! Opinions welcome!

Christopher McGuire
  • Appraiser
  • Birmingham, AL
Posted

I bought my first investment property! Now I would like to hear different views on what I should do. I can put about 3k into and end up netting around 20k in a month. I can rent it "as is" through HUD, and cover the payment. I can put the 3k in it and rent it out for about double the mortgage payment. Heck I am even considering moving in it for a year to take advantage of our tax structure. Lets discuss what you would do in this situation and why. Thank you for reading my post. I look forward to hearing from people who are much smarter than me! lol.

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