Is this house in NC for 151K a good deal? Second time home buyer btw

[Mystic]

 

[Mystic]

 

[Controversy]

In this economy, absolutely

I'd still update the kitchen & bathroom tho

 

[⠀X ⠀]

Depends on the area. Everything is overpriced though.

 

[Mystic]

In this economy, absolutely

I'd still update the kitchen & bathroom tho

I mean it's not going down, 2 years from now and it might be double

 

[TL15]

In what city?

If it’s close to a college, buy it and rent it out and it could be a cash flow property

 

[Mystic]

In what city?

If it’s close to a college, buy it and rent it out and it could be a cash flow property

Lumberton and no nikka I'm keeping it I ain't renting it out

 

[the cac mamba]

yeah. those are rare these days, i have a condo but i'd definitely prefer a cheap small house

although i'm guessing it's not that rare, in that area

 

[TL15]

Lumberton and no nikka I'm keeping it I ain't renting it out

If you’re set on keeping it then just buy it. It’s cheap.

 

[Brolic]

That house would be worth $400k+ in my area.

 

[Strapped]

Looks like a rehab , is it a raised foundation ?

 

[UncleTomFord15]

Kitchen and bathroom are outdated especially the kitchen and flooring is also outdated. If you have the 25/30k (rough estimate) to update those and still have equity in the house I would say it's worth it.

 

[Yinny]

Lumberton and no nikka I'm keeping it I ain't renting it out

I lived in Lumberton some years back - briefly but I was there. What makes you want to live there?