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Updated over 11 years ago,

Frank B.'s profile image
Frank B.'s profile image
Frank B.
  • from Lexington, Kentucky
  • Member since Jul 16, 2012
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6
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1
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Frank B.'s profile image
Frank B.'s profile image
Frank B.
  • from Lexington, Kentucky
  • Member since Jul 16, 2012
Connect
Frank B.
  • Lexington, KY
1
Votes |
6
Posts
General Real Estate Investing

Is it a good buy?

Frank B.
  • Lexington, KY
Posted

I found a house I am considering buying that is listed for $80,000. It could rent for ~$1,000. It needs about $2,000 in repairs. I could put anywhere up to $40,000 down on it. Do you think this is a wise investment? Can someone take me through the different ways to analyze this?

Thank you so much for your help

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