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Updated almost 4 years ago on . Most recent reply

Abbigail Weiler's profile image
Abbigail Weiler's profile image
Abbigail Weiler
  • Member since Apr 27, 2021
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Abbigail Weiler's profile image
Abbigail Weiler's profile image
Abbigail Weiler
  • Member since Apr 27, 2021
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Abbigail Weiler
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General Landlording & Rental Properties

Rental property investmen

Abbigail Weiler
Posted

Is it smart to put 10% down on a rental investment property that you had to offer $30k over asking for?! 

Property price listing $260,000 and offer price $290,000.

Not sure on appraisal price yet...

Thanks for any help in advance.

Rental comp's in the area are $2400 monthly and my mortgage (pending appraisal & final costs) will be $1800-$2000 a month. 

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