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Updated about 8 years ago on . Most recent reply

User Stats

10
Posts
1
Votes
Manuel V.
  • Investor
1
Votes |
10
Posts

Hypothetical - 35k either cash or mortgage

Manuel V.
  • Investor
Posted
I am doing some hypotheticals and assuming I have 50k to invest in a property to hold that's 35k. What deciding factors would you consider on either doing an all cash vs mortgage? Assumptions: 1. Appraisal - 70k 2. Market - depressed 3. EST Monthly rent - $550 4. Needed repairs - 8-10k What would you do? All remarks appreciated.

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