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Updated almost 10 years ago,

User Stats

24
Posts
4
Votes
Pratik Desai
  • Princeton, NJ
4
Votes |
24
Posts

How to get money out from rental / investment property

Pratik Desai
  • Princeton, NJ
Posted

I am new to real estate investment. 

I recently closed on foreclosed property that required me to buy property on cash. I bought this property with 30K cash. Initial repairing expense is 5K. I am hoping to get tenant in month or so. 

There are few other good deals out there but i dont have cash at hand and those properties are in lower 20Ks so its not worth buying those properties on finance.

My question is that how do i get my cash out from my rental property that is  worth 40K /45K .

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