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Updated almost 5 years ago on . Most recent reply

Joe Dupa's profile image
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Joe Dupa
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Joe Dupa's profile image
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Joe Dupa
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Joe Dupa
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Starting Out

Is Gainsville, Georgia a good market to renters market

Joe Dupa
Posted

I am a newbie to the REI and looking to wonder if it is wise to buy a house on auction.com in the gainsville,GA area for 10OK or buy a decent place in Cumming GA, with mortgage with 30 percent for 280 K and rent it out.



Gainesville, GA Auction.com foreclosed house 100k  - Rent ? for approximately 3 bed and 2 bath Risk high

Cumming,GA mortgage 30 percent down. interest on the mortgage $1000 but can be rented our for $1600 

Not sure which route it better. Please advise?

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Keith Perkins
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@Account Closed  What would make you say Georgia is a terrible market?  

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