I would ask the current PM about raising rents (they’re up 20% this year alone, so unless her cashflow was only $2500/mo last year, she’s under market.) same thi with your equity estimate.

Maybe we need to drop the rent to at least get someone into the TH.  I

I know its going to be really hard, but thi is something I really don't want to miss out on because the gain could be tremendous.

., remodel kit,  remove non-leaking oil tank and add CAC)Listed for $274,900, sold in a week for $269,900 (still thinking we should have negotiated harder for full price)It took WAY longer than it should have, almost a year from our offer to the bank until the close on the new buyer's transaction. 

I know we are in a "big brother" world, but knowing thy neighbors by providing them with your contact information may give you the upper hand into knowing when things start to go (or grow) wrong.It may not always be the best of choices if your neighbors are constantly complaining, but it sure helped me jump on some issues with this tenant this time....which kept the city of my back when Yogi lost his pic-a-nic basket in the front yard!!

We did 3 of them and thy are all still in operation and doing well!

Like others have said, I don't thi k going longer is a big deal.

The conventional limits do go up, but not enough to cover $925k, so I'm definitely in jumbo territory unless I put like 30% down.Guaranteed Rate says thy have a 5% down jumbo that will work with a 3-flat.

Time is not your friend with this method; time is your enemy.Also, to address another of Guru Dave's Commandments, "Thou shalt encumber debt only to purchase thy primary residence".

Psychologically people hate to sell for much less than what thy paid unless their is a lot of motivation.