Prior to getting into Real Estate I was the Veteran Affairs representative for a large state university.

Then I found out the deal was under contract, which was what I really needed to dash my love affair with the forbidden (or more realistically, rotten) fruit that was that deal.I learned a lot so far from this process, I learned that I need to get my financing figured out before finding the next property, and that I need to always trust at the numbers.I still have a goal of buying the first deal by the end of the year to get the train rolling and chugging along towards my goal.I’m eager to meet new people and learn as much as I can. 

 It is a sad state of affairs...

Of course the best resource for the answer is to reach out to the Dept of Housing and Community Affairs or the Housing Opportunities Commission within the HCA if you are working with this client in Montgomery County. 

Tax benefits, amortization, and appreciation are important too...but debt monetization and dollar devaluation is MORE important given the current state of affairs IMO.

Figure the unit could be sold in 3 years for $160,000 (this seems realistic, given the current state of affairs)... so we look 36 months down the line and see:Sale price: $160,000Total investment (expenses x 36 months and down pmt): ($20,068)Loan balance: ($99,600)NET: $40,332So, the question is, if one could reasonably expect the unit to sell for this price, does it STILL make sense if you're in the red on a monthly basis?

I am extremely interested in seeing customers get exactly what they want.Our office standards and my standards are to do it right, do it completely and win- win for buyer/seller.Over the years I have been active in community affairs, am past president of an Optimist Club along with other service clubs.

“As such, more analysis and research are deemed necessary to assess future adjustments while also considering potential market conditions in an ever-changing global economy that could impact our efforts.”Right before leaving office, the Obama administration cut FHA mortgage insurance premiums, marking the second time it reduced premiums in two years.However, after Ben Carson, Trump’s choice to lead the Department of Housing and Urban Affairs, appeared last week before the Senate Committee on Banking, Housing, and Urban Affairs, the likelihood that the cut would take effect on Jan. 27 quickly diminished.For a while there, I thought owner occupant SFR low down payment purchases with decent FICOs would be actually competitive between FHA and conventional. 

By guaranteeing the loan the Department of Veterans Affairs (VA) agrees to repay the Lender for all money lost by the lender in case the property is foreclosed on.

So after a 2 year drought from BP I finally got my act together and really started to get my mind and personal financial affairs in order.