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Updated over 17 years ago on . Most recent reply

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hi..new and have ???????

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Hi, I have come upon a 4 plex for $ 335,000 that is new and though not luxurious in any way, does have a pool and clubhouse. It is in a somewhat lower rent area and the entire complex of more than 60 4 plexes seems to be for mostly lower income families. There is not much crime and apparently jobs are growing. They say that the rents will be 695$ a month for each apt which I am not sure about..for this area these rents are about 100 too high...but they say that the area is changing...but maybe they can only get 600$.....the area used to be a bit more degraded but they just got a new shopping center and all sorts of stuff like that so it seems to be going up...
I have never bought anything before and would also like a house...I have a total of about 300,000 cash. I have no debt and a decent but not great credit rating.
My income is quite small as I am an artist.

Any ideas...Thanks! :pup: :shock: :lol: :goofy:

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