My First Real Estate Investment Deal
I have narrowed down my first real estate investment to three deals
1st one a triplex in stockton, ca for 143,000 with 20% down
deal looks like this 675 P&I 30 yr. fix, 145 tax's, 200 HOA needs about $15,000 of work. Should cash flow by 1400 a month or so.
2nd deal Concord, CA house price of 187,000 with 20% down deal looks like 882 P&I 30 yr. fix, 194 tax's. Deal should cash flow $500 a month
3rd deal condo in Antioch 50,000 grand with 20% down deal looks like it would cash flow of 340 a month.
Sorry for being naive but it feels like there are so many deals out there right now and I don't know if my first deal should be something small like the condo which will not appreciate for a while, triplex - great cashflow not much appreciation or the home.
Very confusing I have read my books saved my money and these are the best deals I can find and I am ready to act.
Thank you for any help would be appreciated