Is this a worthwhile first deal?

[Nigel Ford]

     So I've recently found a duplex in Redding that I think could make sense for me to buy as my first deal if I arrange the numbers right. And like the book on rental property investing suggested I want to know if you guys think its solid or not. 

      It is a duplex with both units being 2 bed 1 bath and the agent said it needs some tlc. The seller is asking 195000 and the monthly rent total is 1625

Here is a link to the listing if you want to see more:

https://www.coldwellbanker.com/property/1078-Bond-...

I may have some investors to talk to about funding it if its good enough. 

Thanks, Nigel

[Seth Ferguson]

Hi @Nigel Ford,

What you'll find is that just getting through your first deal makes it a good one. Many of the investors I interview say their first deal is never their best, but it gets the ball rolling. If the numbers work, go for it and don't look back. There are many more deals down the road.