All Forum Posts by: Joshua Host

I did not get the just when you said the property is upside down due to PMI.

Do you mean negative cash flow. Is this a SFR or duplex?

There are a lot of factors to think about when making this decision:

1. Can you afford the payments
2. What is the value of the property
3. How long you plan on living in the home
4. What is the rate and term on the mortgage.
5. Is the seller willing to give you cash for the negative equity

Financing is tough right now and there are some good deals but getting into a negative equity play just because of seller financing does not make a lot of sense.

Good luck, jph

Afternoon!

I am back and thrilled to connect with like minded real estate investors that believe the best investment on earth is earth.

I look forward to conversng with you, jph