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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
Let’s get one thing straight: Real estate investing isn’t a get-rich-quick scheme. If you think you can just waltz in and start raking in cash without a solid game plan, you’re setting yourself up for a financial face-plant.
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Short-Term & Vacation Rental Discussions
HomeForumsShort-Term & Vacation Rental DiscussionsLTR MultiFamily - New or Old&Rehab(NEWBIE)
Louie Jhan Centeno Maglaque's profile image
Louie Jhan Centeno Maglaque's profile image
Louie Jhan Centeno Maglaque
  • from Orlando, FL
  • Member since Jul 17, 2019
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Louie Jhan Centeno Maglaque's profile image
Louie Jhan Centeno Maglaque's profile image
Louie Jhan Centeno Maglaque
  • from Orlando, FL
  • Member since Jul 17, 2019
Connect
Louie Jhan Centeno Maglaque
  • Orlando, FL
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21
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Short-Term & Vacation Rental Discussions

LTR MultiFamily - New or Old&Rehab(NEWBIE)

Louie Jhan Centeno Maglaque
  • Orlando, FL
Posted Aug 11 2019, 08:13

Hey, guys! I'm just wondering as a new REI, should I buy a new and ready to be rented duplex or one that has to be fix for a little bit? I saw a deal for $389k 8 beds, 6 baths that I'm thinking to use a 203K Loan. never bought a house before. House was built 2007 and has been sitting in the market for 200 days already. Thank you in advance!

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