Updated over 7 years ago on . Most recent reply
Obtaining second property ...
I bought my first house for 27k upstate NY...its rented and worth 62k...I wanted to pull 30k out for next one...good idea?
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Hey Darren,
Sounds like a bargain! How did you increase the value if you don't mind me asking? Did you rehab at all or did the incoming rent/NOI boost the home's value? I've been browsing upstate NY markets, specifically Rochester and Buffalo, for my first investment. Although the property taxes seem a bit high, the returns considering all factors look attractive.