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Updated almost 14 years ago on . Most recent reply

Jordan L.'s profile image
Jordan L.'s profile image
Jordan L.
  • Investor
  • from Newbury Park, California
  • Member since Dec 16, 2010
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80
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19
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Jordan L.'s profile image
Jordan L.'s profile image
Jordan L.
  • Investor
  • from Newbury Park, California
  • Member since Dec 16, 2010
Connect
Jordan L.
  • Investor
  • Newbury Park, CA
19
Votes |
80
Posts
Foreclosures

Of these 2 REOs, which would you pick?

Jordan L.
  • Investor
  • Newbury Park, CA
Posted

I've got two homes I'm eyeing. Both built in 2005. Location the same. One's 1900 sq ft home selling for 190k. Will definitely rent out for $1500 a month. Another is 2950 sq ft home selling for 220k. Will definitely rent out for $1700k but if you're willing to wait a month, you might get up to $1900.

While I know neither of the 2 fit the 2-50 rule, and not even close, if you had to, which one would you do?

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