The CMA is right on the sale price - My payments to the seller includes a 25 year amoritization rate, so my monthly "mortgage" to the seller(300k with interest) is greater than their current mortgage. (200k with the same interest rate)- Going the regular financing route (25% down) is not desirable since I would need to dip into my primary residence HELOC for the downpayment.

BLOC FL, CO, OH, UT, IDLafayette Ambassador BankMerchants Bank MN See Pavel UshakovMid-Hudson Valley FCUMountain America CU Utah, ID, MT, NV, AZ, NM. 85% LTV, promo rate of 1.99%.

Rental rates will likely remain close to their “sticky” highs, especially after the recent corrections seen in quasi-oversupplied markets and consumers will have to pull back elsewhere.Excluding shelter, core inflation has actually been at 2% for some time now.

I still go look on Rabbu/AIRDNA, Compare MTR rates vs.

While the leverage may be lower, banks typically offer fixed-rate options instead of adjustable rates.Remember, each property tour is an opportunity to gather valuable insights and make informed decisions.

Compare rental rates in your area for similar properties.

"Cash Flow" nowadays seems to be a lot tougher than the years past with rates and home prices (and HOAs) the way they are.

@Adriana Siu if you can get $3500 cash flow and have a low interest rate, it should cash flow well.

This could also be called an 'equity play' where you are just buying the property to get into the real estate game and build equity, as it isn't cash flowing in its current situation (be it because of high interest rate, high RE prices, or whatever).  

A PM can cost you 10-15% per year but they can also keep you at market rate and protect you from losses.