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Updated over 6 years ago,
Help in identifying a buy and hold market for investment property
Hello All,
Newbie here. Trying to buy a investment property for the first time. I can make a down-payment of around 25K-30K. I am looking for a property which will cost no more than 120K, so that I can keep my mortgage lower.
For short-term, I am looking for a property which I can rent out with some positive cash-flow. If the property appreciates in the long-run that will be even better.
After, reading a few blogs in biggerpockets, I am kind of leaning towards the turnkey properties. I think they are relatively hassle-free. Please correct me if that is not the case.
Any suggestion on what all markets to look at? Any reputed companies that deal with turnkey properties?
Ron