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Townhome as Investment


mayya

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what is your income.. are you going invest it by getting loan. if yes how much would be emi does it go beyond 20% of your monthly income.Did you calculated you monthly incomes.. ? are you ready to cutdown un needed expenses.. ?

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On 5/18/2024 at 7:30 AM, mayya said:

Folks

 

Wanted to get opinions from several angles

Is this a right time to purchase a townhome as an investment property for rent in VA area? I understand it depends on several factors, lets say if we consider breakeven ( rent=mortgage at the current rates), is it worth? Or are there better investment opportunities using the cash on hand?

 

 

if its break even then why not you can invest. but antha cash how brother. multiple jobs taking cash?
if so its a risk brother loan apply chesethappudu they need proof of income source

ikkaada kanna india lo better these days but maintain chesevaalu unte like dad brother etc then best else investment a.

400k townhome chaala ekkuva nannu adughte, VA antunnavu kabbati my guess emo around 40-50 miles from IAD ?

waste bro for investment.akkada,  better SIP or MF min 10% returns every year money safe

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On 5/20/2024 at 12:49 PM, Kalam_Youtheman said:

if its break even then why not you can invest. but antha cash how brother. multiple jobs taking cash?
if so its a risk brother loan apply chesethappudu they need proof of income source

ikkaada kanna india lo better these days but maintain chesevaalu unte like dad brother etc then best else investment a.

400k townhome chaala ekkuva nannu adughte, VA antunnavu kabbati my guess emo around 40-50 miles from IAD ?

waste bro for investment.akkada,  better SIP or MF min 10% returns every year money safe

Nj lo townhouse 800k undi ippudu, 400k sounds lot better 

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13 hours ago, meandhrakurradu said:

Nj lo townhouse 800k undi ippudu, 400k sounds lot better 

sft imp bro...

VA lo ashburn broadlands lo townhomes 1M kuda unnayyeee it all depends on the size and location

so 400 is OK somewhere in suburbs of VA

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On 5/20/2024 at 3:36 AM, Joker_007 said:

what is your income.. are you going invest it by getting loan. if yes how much would be emi does it go beyond 20% of your monthly income.Did you calculated you monthly incomes.. ? are you ready to cutdown un needed expenses.. ?

OP jumped..

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59 minutes ago, Kalam_Youtheman said:

sft imp bro...

VA lo ashburn broadlands lo townhomes 1M kuda unnayyeee it all depends on the size and location

so 400 is OK somewhere in suburbs of VA

Yeah ade and overall prices are high so nothing much anyone can do 

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