Buying into a rental with substantial equity is more if not equally as important as cash flow.

When purchasing at a substantial discount the risk is worth the reward, but now there is no reward, only risk.

Police have warned me that even though he has not applied or signed a lease, he could have substantial rights.

I am currently 24 years old.Here’s a little information on my current property (primary residence):Purchase Price: $130,000.00 Mortgage Balance: $99,937.34 Market Value: $180,000.00Market Location: Spring Hill, Florida, USA (Tampa Bay Area)Of course, the best scenario would probably be to move back with my parents, but, truthfully, I do not want to move back with my parents and siblings; however, I would be debt free and generating income from my primary employment.I feel that the downsides to selling my home is that the market in my area (currently a seller’s market) is extremely hot and, by holding onto the property, there is a likelihood that the value of the property will eventually increase substantially over the next few years.If you were in my position, what would you do?

Should I just offer to purchase at a rate well below market value with a substantial amount upfront?

Or at least cutting it down till the prinicpal portion of the payment is substantially larger than the interest portion.This is a topic often discussed on BP - search for "Velocity banking" or "pay early" to see more opinions.

In our county the taxes jump substantially the year following the purchases, but then only like 1 1/2% per year after that until a fair value assessment is reached and then slight decreases every year after that.   

My insights aren’t complete guesses but are there any real estate pros out there with Massachusetts knowledge that could give me more substantial insight?

My friends and I have been investing there for the past year and our property values have grown substantially.

There could still be substantial equity.