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All Forum Posts by: Cortney Reid

Cortney Reid has started 0 posts and replied 1 times.

Creative Real Estate Financing

Post: Newbie to investing would you borrow 40k

Cortney ReidPosted
  • Rental Property Investor
  • Columbia, MO
  • Posts 2
  • Votes 2

If those numbers are correct there isn't much equity in this property. I could see how the loan could be beneficial, but the numbers just doesn't work as an investment.

115k+30k=145k

160k-145k=15k

Just not a lot of room, and also you would structure the loan and pay back interest.

2 Votes