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Updated over 9 years ago,
nervous and excited about first property investment
Theyre selling a house for 26 k. comps are about the same. no need for rehab as everything is good to go. seems like a great investment opportunity. my question is..do i get a bank loan and pay for this house? or do i pay in cash..as i got the funds for it?..
also .. should i worry about how long it will take to get my money back or should i just focus on the rent pay out..which in this case would be about 850 a month.
thanks for your help guys