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Updated over 6 years ago,

User Stats

8
Posts
0
Votes
Colby Todd
  • Newburyport, MA
0
Votes |
8
Posts

Cash flow on first owner occupant.

Colby Todd
  • Newburyport, MA
Posted

Hi,

I am getting ready to make my first investment, and scouring through a few markets in the area for a 2-4 unit house. I plan to occupy one unit with my family. I have been mainly coming up with homes that will reduce my current rent, but almost none that will produce a positive cash flow. 

I am not opposed to a reduced monthly expense, however would it be wise to stay patient and keep looking around for something that cash flows.

Thanks

Colby Todd

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