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Updated about 9 years ago on . Most recent reply

User Stats

110
Posts
18
Votes
James Ritter
  • Glen Cove, NY
18
Votes |
110
Posts

Understanding Of Questions I should be asking

James Ritter
  • Glen Cove, NY
Posted

Hello guys,

I am having a hard time trying to figure out what I should be asking myself when looking at a potential property. I want to buy and hold for rental income and potentially take a home equity line to buy more property. I have 100K of my own funds to start.

I am not sure if I am allowed to post links or not so im just going to mention the name. I am looking on myhousedeals and there seems to be some crazy good deals on here. Is this a legit site that anybody has experience with? I see a three family home for 135K in the NYC area that was listed on Zillow for 1.35MM before being removed. Dont understand why.

Where do you start looking and how do you know what is and isnt legit? Any websites you guys recommend?

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