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Updated over 4 years ago on . Most recent reply

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11
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6
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Ro B.
6
Votes |
11
Posts

Investing In Scranton

Ro B.
Posted

About to pull the trigger on a multi family (2 unit) rental property in Scranton. Tenants in place 3 and 4 yrs respectively. Rent roll is $1,700 and expenses come up to $1,000. Negotiated for 89k (with 25% down). I've run the numbers 100x and they make sense (to me at least). But I've come back here and re-read all the posts about Scranton and I'm now starting to get cold feet. What am I possibly overlooking :(. How do the #s sound at first glance?

Most Popular Reply

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44
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21
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Mark Lladas
  • Jersey City, NJ
21
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44
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Mark Lladas
  • Jersey City, NJ
Replied

@Ro B. #s seem to work. I DM’d you 

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