I spoke to a few property management firms and said that the rental market is “hot” and can lease my home in 30 days (my home is 15 yrs old, also in good neighborhood with great schools 10/10).Question:  Would it make sense to take the plunge in this volatile market and buy a pre-owned home and rent our existing home? 

We have a property in Olive Branch MS that we purchased 12 yrs ago and after many years of poor renters and property management, we are selling...

If someone is over 55 yrs old, Zellwood Station is an incredibly nice country club manufactured home community just West of Apopka in Zellwood. 

Give it some deep thought and then ask yourself, where do I see myself in 5yrs and in 10 yrs in regards to real estate investing.  

Greetings to you all My wife and I purchased a sfh 5 yrs ago FHA where we still currently owner occupied.

I have a fairly decent construction back ground but am currently 16 yrs active duty Army so I have to finish up there before I get 100% into the RE game.

@Kevin SobiloIf you had a choice right now with refi options drying up and values likely dropping, would it make sense to simply get a purchase loan (3.8% for 30 yrs) and pay for repairs in cash. 

I'm just sharing info as a licensed contractor and business owner for 28 yrs.

.$200k Ford Pinto Value of a human life 1972 (1)$10M EPA Value of a human life 2016 (2)$3.4B CV Value of a human life March 24, 2020 (sadly most likely will go down quickly as more deaths occur)593 cv deaths 46k cases March 24 in us (3)Highest potential US death number I've seen is 1.7M. (4)What 1,000,000,000,000 (trillion T) looks like. 1st time I've ever used the T.1.7M deaths x$10M is = 17,000,000,000,000 ($17 trillion)$2 trillion proposed stimulus package (6)$21T 2019 us GDP (7)330M us citizens.52 million > 65 yrs olddeath rates.5% 15 to 65 (5)2.7% over 65 (5)$2T/$10M = 200,000 deaths saved?

Try 10%...and eventually lower when you have a volume of properties.To calculate the maximum offer price, you start with your rent, and work your way back from there to the max. monthly payment.Here are your expenses:                                                         Rent:                   $1650Taxes       $183                                                                         TOTAL Exp   -       828Ins              80                                                                         Max Mort Pmt     = $822Mngt         165                                                                      ..... assuming 20% down, 4% over 30 yearsTOTAL    $428                                                                       Max mortgage   =   $172,000 ($821/mo)Min CF   $400  (always pay yourself first, or why bother)     Max offer = $215k - $15k (rehab) = $200k - closing costsTOTAL    $828Cash on cash return calculation:  (Your profit doesn't start until you've recovered all of your costs (cash you put in)Cash in:  $43kCash recovery (CF/yr):  $4800Number of years to profit:  12 years  (way too long)My goal for CoCR is 2 yrs or better.