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Updated over 4 years ago,

User Stats

16
Posts
4
Votes
Paul Scammacca
4
Votes |
16
Posts

is this a good investment?

Paul Scammacca
Posted

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??

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