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Updated almost 6 years ago on . Most recent reply

User Stats

16
Posts
0
Votes
Gary Williams
  • Houston, TX
0
Votes |
16
Posts

buy a rental property

Gary Williams
  • Houston, TX
Posted

trying to buy a rental property in Houston Texas whether it be a townhome condo Etc I have $50,000 to put towards buying 

Most Popular Reply

User Stats

45
Posts
27
Votes
Cameron McCown
  • Lender
  • St. Louis, MO
27
Votes |
45
Posts
Cameron McCown
  • Lender
  • St. Louis, MO
Replied

@Gary Williams, Put the $50,000 down toward a $200,000 property.  You'll cash flow, have great tenants, and it'll appreciate in real dollars more than a low-priced property will.

If you're willing to house hack, this is even more of an appealing option.  Take care.

  • Cameron McCown
  • [email protected]
  • 314-413-1211
  • Loading replies...