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Updated over 9 years ago on . Most recent reply

User Stats

53
Posts
4
Votes
Heather Ippolito
  • Investor
  • Port Jefferson, NY
4
Votes |
53
Posts

Looking for feedback on possible first deal

Heather Ippolito
  • Investor
  • Port Jefferson, NY
Posted

I have two SF houses I'm looking at

1st

100k ask price

1000 rental income expected

633/month in taxes

closing cost approx 3.5k

possibly 1k in repairs needed

can pay cash for house if we want to

2nd

85k asking price

950 rental income expected

810/month in taxes

closing costs approx 2.5k

possibly 1k in repairs needed

can pay cash for house if we want

I'm new to all this but these see like good deals to me. I'd love some feedback from more experienced investors if possible!

Thanks, Heather

Most Popular Reply

User Stats

53
Posts
4
Votes
Heather Ippolito
  • Investor
  • Port Jefferson, NY
4
Votes |
53
Posts
Heather Ippolito
  • Investor
  • Port Jefferson, NY
Replied

So these look like way better deals with the taxes being lower!

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