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Updated almost 6 years ago,
Is this a worthwhile first deal?
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