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Updated over 7 years ago,
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