Updated almost 7 years ago on . Most recent reply
New home - no cash flow- equity buy
Looking to buy a new house in Leander near Austin Tx, about 260k with rent potential 1650. Brand new community in phase I. With high interest rates cash flow is almost none. Community is building resort style pool, gym and yoga center, hike and bike trails, dog park - all included in HOA fees which is not high. Also a mixed use shopping retail is coming up nearby. Evaluating ignore this is a good buy for rent and hold for at least 5 years though not much cash flow to start. Any advice is appreciated
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Joe Villeneuve
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- Plymouth, MI
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