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Updated almost 5 years ago on . Most recent reply

User Stats

8
Posts
4
Votes
Michael Cadigan
  • NYC/PA
4
Votes |
8
Posts

Move into investment property?

Michael Cadigan
  • NYC/PA
Posted

I purchased a foreclosed hud home from 45 grand and plan to flip it. The house is 2 hours from my job. I currently have an apartment 20 min from my job, but I’m paying 1grand a month for it. I also have the additional costs of insurance and electric. Should I give up my apartment and move into the investment property to save money? The property is in Milford, PA and I work in NYC. My apartment is in NYC. I’m only making 90k a year. 

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