Additionally, the property’s location and its rarity as a townhouse in Uptown Charlotte further increased its value and demand, solidifying its place as a high-performing asset in my portfolio.

Additionally, the property’s location and its rarity as a townhouse in Uptown Charlotte further increased its value and demand, solidifying its place as a high-performing asset in my portfolio.

Might even get your a lower rate if it increases your downpayment percent. 

Heating temp increasing?

Welcome back @Sabrina ShaulisOne of my beliefs is knowing your market very well helps build the confidence to act.

For example, if you buy in a semi-rural area or suburban area the pool of applicants can be much smaller and with an increase in supply it creates a downward pressure on prices and higher days on market averages.

Yes, in recent memory, aside from the sub prime mortgage crises which caused prices to drop, over time housing prices in New York City has increased substantially. 

It has worked out well for me and I like not having to pay taxes on the gains which helps me increase the amount I'm able to lend next time if needed.

The cash flow is good given I am on a very low interest rate besides I am a DIY live in landlord currently .PITI is a little less than 4k while I make a rent of 5k while living for free and there is lot more room to increase rent.

But with every successful transaction, my confidence got a boost, and I got more comfortable taking on bigger projects.