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Updated over 11 years ago,

Eric Koulpasis's profile image
Eric Koulpasis's profile image
Eric Koulpasis
  • Rehabber
  • from Charlotte, North Carolina
  • Member since Jun 4, 2012
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User Stats

5
Posts
1
Votes
Eric Koulpasis's profile image
Eric Koulpasis's profile image
Eric Koulpasis
  • Rehabber
  • from Charlotte, North Carolina
  • Member since Jun 4, 2012
Connect
Eric Koulpasis
  • Rehabber
  • Charlotte, NC
1
Votes |
5
Posts
Buying & Selling Real Estate

first time investor

Eric Koulpasis
  • Rehabber
  • Charlotte, NC
Posted

I'm just getting started investing and need some advice... I'm interested in purchasing a 2 story townhome in a class A neighborhood. its a 2 br/ 2.5 bath. Brand new condition. Rents range from 975 -1100 per month. HOA id $19 pr month and taxes are $1800 annually. Asking Price is $115,000. How much should I offer? With 20% down which mortgage should I choose? 15 yr? 20yr? 30yr?.... Please help me...

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