Tip of the day in Real Estate:
There are 11 multi- family houses in Wakefield, Ma. If you are lucky enough to have a savings account, this is where you should make your purchase. Now this is not an ideal situation for someone who has no money and is looking for a short cut, but for some it could be quite profitable.
They are ranging in price from $229,000 (unheard of) to $799,000. They are very equally spread. Unit size ranging from 2-6. This could be the ideal situation for some. We all know a rental property is income. If this means you inhabiting one half, you can rent the other half out. And be warned the rental market is good these day. With all the foreclosures and people just not affording to buy right now, there are some really good tenents out there. I know because not only do I work for them, but I am also one of them!!! So you be the judge, buy and co-dwell or simply buy and profit!!!
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