But if I sell it and put that money in the stock market and earn let’s say 8% I would make $40,000 on the same money.  

But you have the option to just pay the monthly payment up to maturity in case something goes wrong or if you decide you can use that money better to just build another property instead of paying it off. 

Then, gather evidence like recent sales of comparable properties to support your case.

There is almost no scenario where a condo would ever positive cash flow while servicing debt, and very little positive cash flow with no debt.If your budget only allows for a condo, find a better place to put your money to work.   

The only thing we can think of is he deals with a lot of international trade and money and maybe it’s OFAC we just get a scripted message every time we talk to someone so we got lawyers involved. 

Was that purchase money, rate and term refi, or cash out refi?

It would be great to connect with like-minded individuals and support each other in our real estate endeavors.

Time is money in the service world and you should expect a base charge if a PMC has to send a ServiceTech to fix something that truly only take 10 minutes to do.

It would be a tight budget but I do have money set aside for repairs.

If there’s specific projects like electrical we get a project specific estimate after we put it under contract prior to the earnest money going hard.