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Updated over 9 years ago,

User Stats

10
Posts
3
Votes
Cori Barnes
  • Muncie, IN
3
Votes |
10
Posts

Need advice

Cori Barnes
  • Muncie, IN
Posted
Hi. I need advice. I've been renting to my landlord for five years and he wants me to buy his two houses. One of them I rent from now and the other sits beside it. The houses aren't worth a lot.. Maybe like 20,000 a piece at most. I want to invest in a multi family house for my first investment but he said for me to just buy them from him instead for 30,000. So I was thinking about buying them and fixing them, then move on to multi family houses later and I can rent these two out..? Is that a good plan or should I just get a loan for the Multi family house? Thanks.

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