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Updated about 4 years ago on . Most recent reply

User Stats

7
Posts
2
Votes
Fabian Ledezma,
  • Real Estate Agent
  • El Paso, TX
2
Votes |
7
Posts

First Property Triplex

Fabian Ledezma,
  • Real Estate Agent
  • El Paso, TX
Posted

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calculators, based on information input by the member who posted.

Hello, everyone, my name is Fabian. I am new in real estate with no experience just trying to start somewhere.  This is a triplex and that I am looking forward to buying and I want to know if this is a good deal. I will be living in one of the properties while renting the other two. I am using a Va loan with no downpayment at all. The property is located in El Paso and each unit has been recently remodeled. I see that the cash flow is low but I will be living in the unit for about 6 months then I will move out and rent all three units. The utilities are paid by the landlord.

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