Buying pure options is usually done when the investor can't afford to close if their buyer falls through.

No issue with title, insurance etc… purely not investor friendly lender.

Not one that is going to be selling you investments, just a pure planner.

Until then all numbers are purely imaginary.Investors that do not include maintenance and cap expenses on a ongoing bases are only deluding themselves and should not be holding a property beyond 5 years.The biggest joke of all is the investor that made $400/door one year and $200 the next (or vice versa) on the same unit.

Neither is a purely yes or no question.

In joy,Alf Jomoc

Haverhill had some good pure rental opportunities.

It will be underwritten purely on the rent scheduling covering the mortgage payment .

I had no control over them and they play politics because it's a union job and they need to serve the millions other resident at turtle pace so I got stuck selling "for sale by owner" to save on commission due to the holding cost on the MLS and that 6 months took 16 months and only $15k profit.You will here many investors with joy of owning units and 20 plus properties lol I laugh at that because of their market, try owning at least 4 free and clear in NYC by yourself and I will respect that.

That being said we also buy pure rentals.Your primary mortgage is actually great you have $500 to "spare".