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All Forum Posts by: Tom Burns

Tom Burns has started 6 posts and replied 31 times.

Post: Trying to determine if this is a good deal.....

Tom BurnsPosted
  • Real Estate Professional
  • Decatur, GA
  • Posts 35
  • Votes 14

I would try to take into account exit strategy for the one bedroom house. It will most likely always be a rental as there is little end user demand for 1 bed houses.

You have a great bank you are dealing with. 15 yr am on a $16k loan is not something I see many banks get excited about...