Almost closing seeing if it's a good deal

[Edward Dones]

hey BP family have a question on a 2 family house I'm planing to purchase and hack In the Springfield ma area. The property is listed for $149,900 and I believe I will get it for $138k, if I do the PITI will be $1127. The second florr is rented for $1200 from a long term tenant (5years) and they pay utilities except water which I will have to pay. Is it something I should move Forward on?. Multi family usually go for around this price range with very little repair around my area and this house has many updates but the roof which might have another 6-10 years left on it. After I buy this house I want to buy another multi family 6-8 months after so will this house be a good stepping stone for the next house around the same amount and be able to get cash flow or buy a fixer upper and try to get a hard lender to able to start a BRRR affect. Any help would be great thanks

[Jeff Copeland]

Only you can decide if a property is a good deal for you.

But, at a glance, you'd be living there for free (with upstairs paying your PITI), with the potential for more income if/when you rent out the downstairs...so what's not to like?