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Updated almost 6 years ago,

User Stats

66
Posts
6
Votes
Nigel Ford
  • Real Estate Agent
  • Northern California
6
Votes |
66
Posts

Is this a worthwhile first deal?

Nigel Ford
  • Real Estate Agent
  • Northern California
Posted

     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

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