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 over 4 years ago,
is this a good investment?
SFR cplus area working class
160k ARV price 108 plus all closing costs so 115k. Needs mild to moderate updating
I ask given the COVID situation/rental situation/etc. Am I becoming gun shy as I will have to mortgage this amount with all of this looming? I have visions in my head of mass foreclosures in 6-12 months and values dropping along with folks not paying rent. Of course, the flip side, entry level homes are still desired???????Thughts??