All Forum Posts by: Nabeel Qureshi

@Will Fraser thanks!

Brand new to this but a lot of what I read seems to emphasize positive cash flow. But my cash flow negative based on calculations. Based on our job incomes we can probably stomach some losses.

And I have a 30 yr at 2.75. If renting it out id prob hang on for at least 10-20 years.

I can afford a down payment on next primary residence.

Thanks for the help!

3 BR/2.5 BA condo.

The cap rate and cash on cash return I am calculating is negative. Using a vacancy of 8.3%. My loan to value is 73%. I am being very conservative with my numbers (thinking of difficult scenarios). Moving out of state and will be purchasing a new primary residence there. Appreciation in this market is probably around 6%.

If I sell, it’ll be after owning the condo for 1.5 years.

Very new to this- hope my question makes sense.