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Updated over 13 years ago on . Most recent reply

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Lee Melvin
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What would you suggest?

Lee Melvin
Posted

In 2 years ill have 20K to invest in my first property in North Carolina.

Im thinking it will be best to buy a property and rent it out while im working and living abroad.

Ill be making about 2k a month without a housing or car expensive and zero debt.

Im thinking I can get a place for 100k and put down 20k on a 30yr mortgage.

What should I look to purchase? A SFH or a Townhouse?

fyi i will have my father act as a property manager while im away.

Any advice or tips would be much appreciated. .

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