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Updated about 9 years ago,
hoping this is a good deal
Hello BP looking for some thoughts and advice on this deal currently under contract for. 2 family duplex in Naugatuck CT buying it for 160,000 and splitting the closing costs so I will be into this house for 4000. I'm using a V.A loan and putting zero down. I will be house hacking to fill my 1 year occupancy per VA loan. Property needs about 20,000 worth of work. Loan 160000 Mortgage, PT, PI totals 1220 per month Gross Rent 2000 Repairs and vacancy 180 Water 50 Snow 50 Lawn maintenence 50 Lawn and driveway are very small. Missing any thing here? Thanks!