You might know that profitabilty in Ukraine real estate market up to 100% on some deals. What do you think about such figures?

regards,
Sergey Kalinin

TRUSTEE'S SALE OF 2061 ROYAL FERN COURT 12B TRUSTEE'S SALE OF 2061 ROYAL FERN COURT 12B Reston, VA 20191 In execution of a Deed of Trust in the original principal amount of $212,100.00, with an annual interest rate of 12.1500% from BRIAN DAVID BROWN dated August 26, 2005, recorded among the land records of the Circuit Court for the COUNTY OF FAIRFAX as Deed Book/Instrument # 17705 AT PAGE 2027, the undersigned appointed Substitute Trustee will offer for sale at public auction in the COUNTY OF FAIRFAX, on the courthouse steps at the front of the Circuit Court building for the County of Fairfax located at 4110 Chain Bridge Road, Fairfax, Virginia on January 30, 2007 at 11:30 AM, the property with improvements to wit: APARTMENT NUMBERED 2061-12B, TYPE B-R, SOUTHGATE CONDOMINIUM, AS DESCRIBED IN THAT CERTAIN MASTER DEED ESTABLISHING A HORIZONTAL PROPERTY REGIME WITH ATTACHED PLATS DESIGNATING THE RELATIVE LOCATION AND IDENTIFICATION OF EACH APARTMENT RECORDED IN DEED BOOK 3912 AT PAGE 254, AMONG THE LAND RECORDS OF FAIRFAX COUNTY, VIRGINIA, AND ANY AMENDMENTS THERETO HEREAFTER RECORDED, AS PERMITTED BY PARAGRAPH F.9 OF THE SAID MASTER DEED. and described in the above Deed of Trust.

Now annualize it and divide it by how much initial money out of pocket it required of you to do the deal.Here's an example: I make $2,000 per month in rental income, and I have $1,500 in expenses per month.

Also you will lose your "annual increase in assessment" cap when it ceases to be your homestead.Your last line says it all: My other concern is that keeping this as a rental forces me to buy the new house with an 80/20.

No, I think the cost for all listings is included in their annual dues to their local association.

We are paying 20% annual interest.We are very experienced contractors and an MBA and credit scores are in upper 700's.

We are paying 20% annual interest.

That means that from the first year to the 30th year, you are annually adding 2.34% compounded to your investment.

Please correct me if this is wrong:From the net operating income I can deduct...annual depreciation (cost of property divided by 27.5 years) +total annual mortgage payment +total annual insurance payment =after tax cash flowDid I miss something that I can deduct... or did I add something that I cannot?

Now take that number and annualize it, and divide it by how much money out of pocket the deal will require you to spend.