Rental Property Financing And Advice
Hi am new to real estate investing and started with bird dogging. I came across a property that is amazing and would like to invest in it as a rental property for a few years. It is in a great part of town and the approx value based on comps is going to be around 170,000 and I could buy it for around 140,000 I know this is not quite the 60-70 % rule but I have no idea that this home value will rise with time based on location and size. I could rent this property for double what the payment might be. Can anyone offer any ideas? Can anyone recomend someone that might lend based on the equity as my credit is still being repaired Thanks for all your help.
Comments(0)