While you may intend to keep a property forever, things can and do change.

Forever in Freedom,Gary FranchiRTR National Directorhttp://RestoreTheRepublic.net/Gary

Also make sure to set the timeframe, so Cyberhomes can perform a cost factor of money adjustment over time.

I'm also dealing with less of an investor pool so I have to factor that in too.My area is still fairly stable so I would guess that in most other markets you will need to be drastically lower than my numbers to be moving property quickly.

Hi Mike,Unfortunately, I don't think this deal is looking good for you depending on a few factors.

You can't use the cap rate as the sole evaluation factor to make your buying decision if you are using financing.

Both houses have approx 50% ROI when rented out and paying cash (modest estimated, I've even factored in 5% vacancy and 5% rent collection loss) I check out a lot of foreclosures (I've seen about 50 this month from various sources), and I put out a lot of cash offers.

Of course your expenses have a huge factor on this as well.

It feels like it's taken forever but when I look back we put in our offer on Oct, 8th.

"Being arrested is just one of the potential factors in doing this."