First Time Home Buyer! Is This a Good Deal? 🤔
*This link comes directly from our calculators, based on information input by the member who posted.
No, bad deal. Buying a property for $490k that will only generate $1,900 a month in rent is not a good deal. If this is your first deal, you'll never do another one and think real estate investing isn't for you. If you are patient and find a good deal you'll be eager to get the next one started.
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Lender AZ (#NMLS1792860)
- Boomerang Capital Partners
- [email protected]
What if I will be living in the other unit with the hopes of refinancing in the future? My thoughts are to get in the game instead of wait on the sidelines?
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