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Updated almost 6 years ago,
Buying my first SFR: QUESTION?!
Hello everyone!
I put an offer on my first SFR. After the inspection report, the HVAC needed to be looked at. Long story short, I need it replaced. That's about $7,000 if I go basic and $12,000 for energy efficient. The roof has about 5-7 years left before I need to replace that too.
I’ll cash flow $200. My question is, is it worth still buying it since I have to pay several thousands of dollars for the HVAC upfront and then roofing in a few years? I don’t think so but I wanted to get some advice on this.