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All Forum Posts by: Sunil Nalla

Sunil Nalla has started 1 posts and replied 2 times.

Buying & Selling Real Estate

Post: Buying first investment property

Sunil NallaPosted
  • Posts 2
  • Votes 1
Quote from @Shane O'Malley Firek:

100% agree with @Torrell Palmason. It certainly depends on what sort of cash flow you're looking for and your budget.

In Detroit, it would be good to either nab something that is either already tenant occupied (with a lease signed of course) or a property that requires minimal work to get it up and running. Mortgage payment is going to take a big chunk out each month.

Have you looked in Hamtramck? A duplex is always a good option if it's in a good location.


I’m looking for $200K-$300k property with atleast 1.5% of purchase amount in rent.

0 Votes
Detroit, Michigan
Buying & Selling Real Estate

Post: Buying first investment property

Sunil NallaPosted
  • Posts 2
  • Votes 1

What are the things to look for when buying your first investment property and how can we make it happen with low risk in current inflated market with higher interest rates. 

1 Vote
Detroit, Michigan