Investment property questons...
Look at this place. $90k asking. 10% down with a 30 year fixed rate if you could get those terms. $800 a month rent. Looks like it has the potential to throw off $400 a month ish. Owners a jerk, has some problems that require much deeper investigation. Also would need to plug other costs into the model.
Look at that price. Looks like a somewhat half way decent area as well. Would need much more research and a local CMA though.
I can't wait to get acess to the MLS system.
I know some of you guys do this so what do you think from this very limited info.
2005 Chevy Silverado, white on black.
"Posterity! You will never know how much it cost the present Generation to preserve your Freedom! I hope you will make good use of it. If you do not, I shall repent in Heaven, that I ever took half the Pains to preserve it."
— John Adams