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Updated about 6 years ago on . Most recent reply

User Stats

8
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0
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Matt Casey
  • Real Estate Agent
  • Broken arrow, ok
0
Votes |
8
Posts

First investment property

Matt Casey
  • Real Estate Agent
  • Broken arrow, ok
Posted

I have a listing in a less desirable area at$108k here in Tulsa. 2/1/1 plus apartment 1/1 both are occupied apartment is 650/month and house is 800/month. The 1 car garage could be converted to additional bedroom for apartment making them both 2/1. I’m thinking about having the owner carry note for me for 5 years on my first rental? Is this a good idea?

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