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Updated almost 6 years ago,
New to Real Estate. Need advise on House
Hello Everyone,
My name is Jaime and I own a home free and clear. Property is worth approximately $100k.
I want to invest in single family homes.
I have about 20k in capital (excluding the home)
I am currently renting home for $700 a month.
Any advise on what I should do with this house? Sell or continue renting?
Current renters are willing to do an owner finance of 5% interest. 30 yr mort. $5000 down payment.