Multi-Family Home for $40,000.00
THIS PROPERTY IS BEING OFFERED WITH DOWN-PAYMENT AND OWNER FINANCING!
(OR A CASH OFFER OF $17,000.00)
YOU CAN BID FOR AS LOW AS $7,500.00 DOWN-PAYMENT.
>>>HERE ARE THE TERMS
One problem with renting out a single-family home is the vacancy rate. If your renter can't pay you make no money for each month you do not have a renter.
On the other hand with a triplex if one renter can't pay rent, you still are making two-thirds of what you were making before.
Do your research before you invest money into rental property and get one-on-one professional help, the laws in California are strict and each city in the East Bay area has it's own benefits and disadvantages.
I am traveling through Monday, but e-mail me directly at Gene@HomePointRealEstate.com and I will send you my Free Book of Real Estate Investing that tells you how to evaluate an investment return. I will also send you some evaluations I have completed on homes for some other investors to give you an idea how you should be looking at investments.