I have an offer on the table.
I have an offer on the table and a baby on the way....
I currently own 1/2 of a duplex, the other side is for sale, the deal is:
a private contract with seller, 18K total/6k down...payments of 200/month for 5 yrs. the property has a 425/month income but sewage and insurance would estimate around 100/month so profit only looks like around $125/month.
Good Deal? Do I do it?