All Forum Posts by: Denise Duffy
Denise Duffy has started 2 posts and replied 3 times.
Adam, This is our first investment so most of our cash will be tight up for a couple of months. I plan on renting out this home and taking out a mortgage on the property after rehad to get our cash and profit out and move onto the next propery.
My husband and are making a bid on our first property. The house will have a market value round $75,000 after improvements. Purchase price is going to be $30,000 and the property needs around $10,000 in improvements. My question is should we buy with cash or just put 20% down and take out a loan.
Post: HI everyone! My name is Denise Duffy and I'm a "newbie".
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My husband and I have had many deep discussions about real estate investing and have decided to seek out any education we can find before taking the plunge. We live in a small depressed area and real estate seems to be on the upswing now. We have a local friend that is trying to mentor us and has directed us in the direction of a very knowledable agent that is savvy with unconventionable finance and finding great leads towards income property. I am sure we will be picking everyones brains as we have many many questions! I'm so excited to find this group!!