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Updated about 8 years ago on . Most recent reply
PLEASE HLEP!!! Need help with a potential first deal
I've been looking for good deals for my first property and I think I found that deal. So I ran it through the rental property calculator and it was a good deal. If I ran the number the correct it turned out to be a monthly profit of about $1500 on a multifamily unit. What do I do next so that I can to start the process of buying my first rental investment.
Most Popular Reply
Well you will need to start with placing an offer on the property. Get a realtor to help you out if you are not familiar with the process. Don't use the listing agent as your realtor.
However, you should place your numbers on here so other BP members and help you analyze and verify your numbers. Also possibly point out anything you missed.