Typically, you'll have something like a 10 year draw period with interest-only payments, and then the balance is amortized over 20 years.

You have to balance the cost of being below market with turnover costs.

Cash flow is important of course, but so is appreciation, so I want to ensure I have a balance of both.

It’s all about finding a balance between purchase price, financing terms, and smart rental management so you’re not forced into the red.

What you could doIs continue to pay that loan and have the owner also select finance you the balance.

The quaility of old existing units, and the ability of the long term population to pay new rents, blended with an influx of small high end mill conversion units is simply not balanced.

According to the Texas A&M Real Estate Center, we find a balanced real estate market at around 6.5 months of inventory.

Ideally, I'd like to find a balance between affordability and potential for appreciation.Also, are there any common pitfalls or things to watch out for when buying a multi-family property in Jersey City?

We paid ours off when our balance was $125k, but on a 15 so payments were fairly high at $1732 PI.

I have a mortgage connected that, for some reason, reports it as an escrow balance, throwing off my balance sheet.