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Updated over 4 years ago,

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6
Posts
2
Votes
Travis Lackie
2
Votes |
6
Posts

fear of extended vacancies want to buy first property

Travis Lackie
Posted

hello, i am really interested in buying my first rental property, and i want to start off with something small around 60-80k. i would like to convince my dad to co-sign it with me, but he has fear of not being able to rent it out. assuming i priced it alright or slightly under value, what are the odds of my property (assuming in a decent area) goes vacant for a super long period  of time?.. he is also very worried because of everything going on with a pandemic, but he has fear that if i buy it it will just not rent out but i tell him it's not true, what is the truth surrounding this field?