![]() |
|
| *Home>>>Equity Investment |
Better investment single family or duplexes? |
a single family foreclosure with about 20k in equity or a four unit duplex that is fully occupied, and what would make one beter than the other run the numbers, based on what you will pay, and your costs, and you tell us duplex because if somebody stiffs you at least you have the income from three others until they get the boot. It depends on whether or not you want to be a landlord who gets called at all hours of the night from several different people and not get rent from all of those or you can chose to receive a call from one person who needs you at 2 a.m.. The choice is yours...... Are you looking to flip or become a slum lord? I would buy the single, fix it up and be gone! Depends on your investment objective. As a short-term investment or if you're flipping the property, go with the single family with the built-in equity. For a longer-term investment rental property that will generate cash-flow over time, it sounds like the quad might be a better deal. You would have to calculate your numbers to see which is the better investment. Depending on what your monthly expenses are, it might be better to go with the duplex rather than the single family. Then again, if you purchase the single family in a rapidly appreciating neighborhood, it might be better to go that route. |
| Tags |
| Fidelity Investment Fidelity Fund Exchange Traded Funds Equity Investment E-gold Ebullion Easy Money Easy Investing |
| Related information |
Sorry, I just saw the question and it's too late, but for what it's worth, here goes: Beginning assets $50,000 liabilities 20,000 owner's equity 30,000 ending assets $70,000 ... You MUST speak with a real estate professional OR a real estate attorney familiar with 1031 exchanges. Believe me, you do not want to speak with or take any advice or suggestions from any one wh... I'm surprised. Bostonianinmo's answers are usually right on target. But a 3-unit qualifies as as a residential loan, not a commercial loan. Nonetheless, you won't find 100% financ... There is a ton of these type of deals going up in Tennessee - but I say don't buy what you don't know - So you're a landlord, and how will you find tenants, and when the water pipe ... It's not bad; how well it would pay off depends on the future trend of interest rates. If long-term rates soar, the proposed move would score nicely. If they stay low, you won't have ga... Having worked in several large NYC banks, there are quite a few jobs in product control...it is very marketable as long as you want to stay in NY. Different companies have different names for the ... That is a great idea.....Many RE investor's start this way....If you go into this business, you must have SOME capital....And if you sell your home in two years, you can reinvest that money in... This statement reflects CHANGES in accounts. If there was no change (no money added to or taken out of or derived from equities it would not even appear) if there were changes then it would ... |
Categories--Copyright/IP Policy--Contact Webmaster |