Updated almost 12 years ago on . Most recent reply
General advice on my OO property
So I bought my first duplex with an FHA loan for 128k and it was appraised for 130k. PITI IS 1025 a month and I rent out the other side for 650 a month. Now I know that this isn't a great deal but I bought it before I became a member and learned all about REI. Now that the damage is done and moving forward, which action would be the Most appropriate? Obviously this will negatively cash flow but do I have anything to look forward to or is selling on this property something to consider in the future