This is if you decide to utilize a second on your home to remove PMI.

I would recommend to utilize a 5% down conventional loan on the primary home since conventional financing has the least effective cost as the mortgage insurance is not as high.

I want 20% for profit so divide 88%/1.2 to get 73.33%.I assume a possible 6 month buy, fix, and sell time and so estimate property taxes, insurance, and utilities for the period.

That may be an excuse utilized in Pottstown... still raising taxes can't be the only answer nor the first one to reach for either.Kudos,Mary

To remember the expenses -here's a good acronym: TIMMUR (taxes, insurance, management, maintenance, utilities and repairs,For a 100-year old plus building like yours, I would factor in 10% for management, 10% cumulatively for maintenance and repairs and another 10% for vacancy.

Be sure to utilize the many resources here.

Regarding inspections, you can get one but they will not pay to have utilities turned on and if it is winterized, you have to pay to rewinterize.

Looks pretty decent, are utilities included for tenants?

Get actual property taxes, get insurance estimates, and figure out how utilities get paid.

Background:So I'm about to close on a duplex utilizing a loan from the Veterans Affairs for a primary residence.