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Updated over 9 years ago, 06/01/2015
worth getting duplex in the hood?
i was thinking about getting a rental property in bad part of my town to start my portfolio.
The reason i was thinking about starting in this area is because i would have a good chance at getting it owner financed.
i know it would be a higher risk, but everyone needs to start somewhere. I gotta take risks eventually and i figured this could be where i start.
opinions?
i have about 8k in reserves incase something goes wrong.