Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago on . Most recent reply

How should I evaluate this property?
Hi All,
My wife and I are looking at buying a home to renovate and live in for 2 years while we are preparing/building our home...then rent it once we move out. We found a 4/2.5 for 187k that would need 30k of rehab, comps for 245k and rents for around 1600. It's not quite a house hack, I suppose it could be a long term brrrr or just run it as a rental? How should I be looking at this property? Thanks!!
Neil