The property can still appreciate if you force it through factors that influence sales of space/ vacancy rates, collection loss, expenses, etc.

I'm looking at buying this property non-owner occupied, and it's my understanding that even though I have substantial capital, excellent credit, and mortgages are at record lows, that rates for non-owner occupied are 7%+.

It is true that even though paying 1 or 2 years 2 % extra won't ruin my investment, paying this 2% extra for next 20 years (if I would refinance) - will make it quite substantially worse though.

(completely estimating rental units by ads for rentals I have seen listed) I am torn between bringing in a rental cashflow, or flipping a couple of houses yearly, and making substantially more.

Terence: The cash value of a life insurance policy starts off as zero or close to zero AFTER YOU PAY IN FOR the first year and grows slowly thereafter unless you deposit substantially more than the target premium in a universal life.

On the bright side, at least he's not hypocritical in his current attitudes on marijuana, as he has called for its legalization.Then there are the questions about Beck being a pedophile and some other past sexual offenses with underage girls; the fact that he preempted these accusations by bringing up the topic himself (and denying it) on his radio program is suspicious, but so far there is no substantial evidence that this is the case.

Now with that scenario I would like to have experts' opinion to see if you had this situation will the neighborhood house price influence your decision to make offer of this property?

If posting to draw others to their own personal sites - perhaps a penalty of some sort: a. influence deduction. b. banned from posting x number of days. c.

I f you do not have substantial assets and your income qualifies you may be able to negotiate a modification on your first mortgage. not the "Obama plan" because this is a rental property, but an in house modification from your lender.

The Law suits against Bank of America and Countrywide whom they purchased, with respect to their miss management of their mortgage portfolio may be a bigger concern especially if wikilieaks has information substantiating criminal actions in this regard.I have found Bank of America to be grossly incompetent when it comes to modifications and in my opinion borderline criminal but if their unbelievable lack of concern for their customers turns out to be intentional and criminal they will pay the price. i would not have my money with the Bank of America.