Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago, 08/19/2015
Would You Do This Deal?
So I found a condo that is super cheap and the owner is offering financing. The return is negative to small for the first few years but then jumps to 30% in year 5 after and over 60% by year 10. Property will be paid off in 5 years. All in all I'd be out of pocket $50 bucks a month which I can cover from other cash flow positive properties that I own but I'm wary about ever having a property that costs me money from the get go. What would you do?