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re: how to use 200k to invest in real estate
Posted on 4/28/14 at 2:14 pm to Cold Cous Cous
Posted on 4/28/14 at 2:14 pm to Cold Cous Cous
A duplex in foreclosure that you could get for a sweet deal is probably the only way to make $ in lakeview.
Only problem is I have not seen one of those in a year.
Only problem is I have not seen one of those in a year.
1
Posted on 4/28/14 at 2:22 pm to eng08
i was going to say the same thing. lakeview, nola in general, does seem to be in it's own little bubble.
it's mind blowing that there is a teardown at one end of the block and an asking price of 600k+ at the other end.
i really think the best bet may be to use the 200k and go into a home for the next 5-6 years.
worse case scenario, we can make our 200k back at the minimum.
it's mind blowing that there is a teardown at one end of the block and an asking price of 600k+ at the other end.
i really think the best bet may be to use the 200k and go into a home for the next 5-6 years.
worse case scenario, we can make our 200k back at the minimum.
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