I'm thinking about buying a property in NC.

Purchase price: $241,000 Cash invested: $20,000 Turn-key investment property, with some Capex work including updated roof and lite plumbing fixes.

Purchase price: $241,000 Cash invested: $20,000 Turn-key investment property, with some Capex work including updated roof and lite plumbing fixes.

Look for distressed properties or FSBO signs.

So if you discount a small amount to get rolling, that is something that can work, but don't want to stay low for long.You will start to get the dregs staying at your place and they can do some real damage to the place.

As a contractor and cabinet maker it made much more sense financially to purchase a home with a rental unit and manage the property myself.

Hello i bought a house for 75000$ and can get a loan on it for 155,000$  My question is hypothetically if i were to only get a 20,000 Loan From the 155,000$ loan and never pay it would they foreclose on my property and i would loose it for not paying the 20,000 Loan?

Focus on location: Look for properties near colleges or hospitals—they tend to bring consistent, reliable renters. 2.

I could say a particular town or area, but if there aren't any, many properties for sale that doesn't help. 

They took care or the property.