Asked by Cat, Topeka, KS • Sun Mar 3, 2013
i know this is probably a ridiculous question but i'm going to ask any. i have a house in mpls that i am going to rent out when i move to portland. my current job is going to let me do freelance for them at a set price every month for at least several years. i have lots of savings in the bank. and i am thinking about buying a 2 bedroom condo and renting one room out. will any bank give me a loan based on those things?
also, i've noticed that the cheapest condos are in northeast portland. is that a really bad part of town? is it not worth looking in that area? here in mpls the northside is really bad. houses are selling for $30,000 - $40,000 cuz most people know it's gang territory and don't want to live there.
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