Thanks to Federal Reserve machinations, record-high excess reserves, and other unprecedented political events, we're in uncharted territory and basically anything can happen with respect to real estate prices.

we were asking ourselves for the first few weeks after we moved our business to new – and unfamiliar – territory.

So, looks like it (just) hits the 1%/m magic number, which SHOULD keep it in positive cash flow territory, providing you don't borrow more than 75% of its value, and you CAN achieve your desired 4% interest or lower, and it DOES achieve that return, and it DOESN'T get devalued by the economy going south.Now you've come this far, I suggest focusing on negotiating your mortgage Interest Rate.

Spreadsheets territory with out  a doubt.  

We are open at this time to where we invest as its all new territory to us.  

If it was closer to Dallas I would say go down to 20%, but that's not really commuter territory anymore...

As such, I'm in new uncharted territory and am currently seeking a lender that will consider "future rental income" on a property I'm looking at that my own income won't cover.

Thanks for the share and will have to press a little more into that territory to test the waters!

That's new territory for me so I have some more learning to do!

I am compiling a list to see who I want to work with.DETAILS:I'm looking in the territory from: NORTH to Vernon Hills/ Mundelein, WEST to Crystal Lake, SOUTH to Bloomingdale/Naperville, EAST to DesPlain.CRITERIA: Single family home, condo, duplex (exception), townhomeMin Purchase: 80k Max Purchase, 250KMax Repair: 40KMin Profit: 20KThanks to all!