South Florida home 4/2 to buy and Hold, not a flip

[Jacques Wurms]

Hello Fellow BP fans,

This one was just put back on the market by Fanny Mae. This would be a good candidate for a home hack since you can not rent the first year.

The numbers are:

Asking price $139900 Home is 2020 SF with garage, Maintenance $285PM  Rental income after first year will be at least $1850 PM. This is in the city of Plantation rentals will move quickly as it is a great city live. Fanny Mae pays 3% towards your closing cost.

This is great for a first time investor, that is currently renting..