This post has been de-listed
It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.
First time investor
First time investor I’m 21 and make roughly 4200 monthly.
So tldr - basically I was in the process of purchasing my recently passed away grandmothers home. She had a reverse mortgage and I was planning to buy the house and use it as a rental ( couldn’t bear to live there given the circumstances)
I tried to buy it once and it slipped. The opportunity is given now but the house will need some fixing up. But I’m just so torn on should I purchase and hope to get it fixed up to start a passiveish income( I know I will have to help manage property etc) or continue to stack and save while I work for a bit more time.
House roughly - 68k list price - on auction atm 1025 sqft 3 bedroom 1 bath in a small/mid size town
Subreddit
Post Details
- Posted
- 9 months ago
- Reddit URL
- View post on reddit.com
- External URL
- reddit.com/r/RealEstate/...