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Updated about 7 years ago, 12/05/2017

User Stats

10
Posts
1
Votes
Matthew Parkhurst
  • Tempe, AZ
1
Votes |
10
Posts

Is this a good opportunity for my first rental?

Matthew Parkhurst
  • Tempe, AZ
Posted

Looking for my first rental property. Found one in Augusta, GA. Seller financed. $2k down, $300 a month. Thinking of putting in a couple thousand and renting it out for $500 to get my feet wet. 10% towards property management as I am in AZ. Would fly in to do all the work. I am 19 and just got my first auto loan a few months ago so do not have enough established credit to get a mortgage. 

Would this be wise?

https://www.zillow.com/homedetails/1638-Douglas-St...

Any opinions or tips appreciated! 

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