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Updated almost 5 years ago, 04/01/2020

Scott Raynor's profile image
Scott Raynor's profile image
Scott Raynor
  • Rental Property Investor
  • from Central New York
  • Member since Mar 11, 2020
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User Stats

17
Posts
3
Votes
Scott Raynor's profile image
Scott Raynor's profile image
Scott Raynor
  • Rental Property Investor
  • from Central New York
  • Member since Mar 11, 2020
Connect
Scott Raynor
  • Rental Property Investor
  • Central New York
3
Votes |
17
Posts
Multi-Family and Apartment Investing

Is it smart to buy my first duplex during a pandemic?

Scott Raynor
  • Rental Property Investor
  • Central New York
Posted

I've been looking at buying my first investment property-a duplex in Upstate NY using a loan from my employer retirement fund. The numbers look good with a cash flow of about $200/month from the current tenants.  Mortgage rates are looking great but I'm obviously concerned over the pending recession from the COVID-19. Thoughts?



 

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