Question Details

Vincent Mc C…, Home Buyer in 90069

I want to buy 3 houses for short term rental I have 500K and need a morgage around the same .What do you?

Asked by Vincent Mc Carthy, 90069 Wed Apr 16, 2008

suggest ? How many week rental will I get ?

Help the community by answering this question:


Dear Vincent,
You listed "all locations" in your profile. With 500K cash, it depends on which area of the country you are looking to invest in. In Orlando you would be able to generate good cash flow and there is a place in South Carolina that I would recommend. 500K is a lot of money in todays market and I think if you invest in the right areas you could do well look term.
The Schaffer Realty Group
0 votes Thank Flag Link Wed Apr 16, 2008
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