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Updated almost 5 years ago,
First time Investor ( wants advice)
Ok, so I'm looking into investing in this duplex using an FHA loan. The property is $119,500 after financing my Mortage should be around $900.
I’ll live in one side for a year then rent it out. The property is in Lawton Ok (Military town). I’m a little nervous but I really want to do the deal. But is this deal worth it? Both the units can rent 600 a month. With a little rehab I would up it to 650. I’m just nervous is it worth it?