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Updated about 5 years ago,

Cece Adderley's profile image
Cece Adderley's profile image
Cece Adderley
  • Member since Feb 13, 2019
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Cece Adderley's profile image
Cece Adderley's profile image
Cece Adderley
  • Member since Feb 13, 2019
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Cece Adderley
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Cleveland Real Estate Forum

Buying first rental with cash!

Cece Adderley
Posted

I am a newbie at REI. I would like to buy a property with cash but not sure what to do after that! I am wanting to pay $109,000 for a 3/1 in a decent renters area. The comps in the area for rentals are between 1050 to 1200. The owner is selling as a cash only as-is property. It needs a new roof now but will need new windows in about a year. What should I do?

Cleveland, Ohio
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