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Updated about 4 years ago, 10/10/2020

Weng L.'s profile image
Weng L.'s profile image
Weng L.
  • from Fort Lauderdale, FL
  • Member since Sep 13, 2019
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User Stats

94
Posts
16
Votes
Weng L.'s profile image
Weng L.'s profile image
Weng L.
  • from Fort Lauderdale, FL
  • Member since Sep 13, 2019
Connect
Weng L.
  • Fort Lauderdale, FL
16
Votes |
94
Posts
General Landlording & Rental Properties

Would you pull the trigger on this rental property?

Weng L.
  • Fort Lauderdale, FL
Posted

There are fewer short sale or foreclosure in the market right now so I am thinking to buy move-in ready investment properties directly with 25% down payment and 30-year fix mortgage

If down payment and fees all together are $100,000, monthly expense total is $1900, monthly rent is $2700, turn-key new construction. Would you buy this property?

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