It's a great idea in the low debt, moderate supply world.

A moderate increase is fine but don't be in such a rush to get too dollar.

Unit was built in the 80s, moderately updated, well maintained by the sellers.

Moderator note: Personal attacks are not allowed on this forum.To the person who repied he sould seek an attonrey, yes that is appropriate. 

Sorry, i posted with my email to help but it was deleted by a moderator and told that i cannot advertise my services.Not sure how i can help you out without breaking the rules here. 

Over time, every last one has seen moderate levels of appreciation.

Unless you own or moderate the forum, I don't owe you anything, and your complaints will be ignored.

It may be, and probably will be, the market will sustain this growth for a year, maybe two, but we're due for a recession, and I think prices will come back to, somewhat, moderate levels to start in vesting in UT. 

Some are forgivable at a rate of 20% per year and after 5 years they dont have to worry...Others take 15 or 20 years before it becomes 100% forgivable.Some are not forgivable at all...With this deal I would be less concerned with equity that exists and more concerned with the amount of that equity can the "Moderate To Low Income" of a Habitat Homeowner support in loan format.I am almost certain that its possible but your going to want to know the terms of the DPA/ Grant so you're aware of the actual cost and you have to see what the DTI looks like to see if it will fit what theyre looking for.

From a cash flow perspective, you’d really need to think long and hard about the cost of leveraging these properties, especially in the current rate market.Yes a bigger purchase price might mean a greater potential of higher gross cash flow and appreciation, but that cash flow might get eroded fairly quickly if these moderate interest rates are here to stay.- REI CPA from CA