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Updated about 17 years ago on . Most recent reply
Hello, new to real estate investing...
Im new to real estate investing and i have my eye on a property.....
My question is....this property will not have positive cash flow, i might have to put about 1k +/- out of pocket.... im looking at it as a long term investment as the selling price is low compared to the surrounding market......
Ive been told you never want to get into investment property if it is not a positive cash flow...
what do you guys think?
thanks