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Updated almost 5 years ago on . Most recent reply

Good investment or not?
There’s a property for 100k fully remodeled 2 doors and combined rents for 1450 per month. The property more than likely would lose value and not sell at 100k down the road. With the cash flow considered, would you buy the property for 100k knowing that it will rent for atleast 1450 per month and owner would carry note for 5 with 10% down and monthly payments of 700?