That does sound intersting.

Has great access to interstate and two major highways also on rail line.

Vacant lots in Dallas close to downtown or near major interstates are becoming a premium.

I'm intersted in seeing responses to this question also, because I'm told constantly to get my license, not for saving commissions, but for MLS access and writing my own deals.

4 plex right off busy intersection and <1/4 mile from interstate ramp.2bd/1bth 2bd/1bth 3bd/2bth 1bd/1bth4 Parking spaces (2 covered) + 4 street parking spotsPurchase Price 325K; 25% ($81,250) down conventional 30yrMonthly Mortgage Payment = ~$,1250-----INCOMEFully occupied, rents are $2825 combined.There is a shared washer/dryer room, listing claims ~$250 income a monthTotal Income w/ 5% vacancy factor = ~$2,900/ month-----EXPENSESProperty tax + Insurance + Water + Trash + Electricity for common areas + Landscaping + $200 Miscellaneous Repairs/Expenses = ~$1,000/ month+ mortgage payment = $2,250-----Yes I know, price is very high.

Hello Walmsley,Any and all payment figures you see regarding NACA loans are fully amortized, including Principal, Interest, Taxes and Insurance.The program isn't meant to be fast or easy, but for those who stick with it, the rewards are always well worth it.With a below market interst rate, no down payment, no closing costs, no PMI and the ability to buy the rate down to nearly zero, the money saved is woth the effort.Tim TrumbleOnline Operations, NACA

Is he really paying interst only?

Proximity to the interstate or airport?

I have some questions about homes in that area near Interstate 30

And the times that I've been to HI, the traffic on the "Interstate" was also heavy.