Well, yeah, buy it free and clear with cash and it will surely cash flow.

Hopefully I can at least equal this year's income over the next year after cutting the cord to the company I'm with.

If you have debt, student or credit, work at clearing all bad debt first and increase your credit score.Personal home owner ship is not a investment it is a liability so if you wish to invest concentrate on that first.

Even then tho I can see it's still cutting it close to break even or loss for the year depending on major fixes. $33,000 minus $29,000 = is only $4000  and that's not considering garbage or water which I will pay until their lease is up.

Wow, looks like I steered clear from a potential bad investment.

Years ago, early in my investing career, a friend of my grandmother owned a duplex free and clear that he wanted to get rid of.

Upon consent, I do allow pets with restrictions: I have a "dangerous breeds prohibited - list available upon request" clearly stated on the lease.

Let me clear things up from what I can piece together.Property:  Triplex built in 1930

Hello everyone,I had visited a property couple of days ago in the Bronx, NYC and noticed that the building in the back has windows in every floor that have a clear view of the backyard of the house.

Most contracts for sale of real estate say the the property owner will provide "title free and clear of all encumbrances and liens. " This means you as the buyer don't need to worry about liens as they will be paid at settlement by the seller.