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Updated about 4 years ago on . Most recent reply

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Lindsay Massengale
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12
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Buying 4pkex, duplex, single family and mobile home

Lindsay Massengale
Posted

Hi everyone! I have an opportunity to buy a 4pkex, duplex, single family, and mobile home. Asking price is $450k cash for everything. All units are rented out and have never been vacant. Cash flow is $4000/month. It’s in a very small town with not a tone of potential growth. The heat map on PropStream shows it in the yellow so about medium growth. I am wondering if this is a smart investment? Is it smart to put all cash in or is there a way to use some hard money? This would be my first start investing. So it is a little scary. I would be grateful for any opinions end advice anyone can offer. 

Thank you. Have a great day. 

  • Lindsay Massengale
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