The same lender said if they could come up with the other 5% they can go 30 year fixed interest only..This is more attractive for cash flow on a higher loan balance but will still be qualified based on the fully amortized rate and payment. 

I was hoping to get it transferred to me.  

My grandmother has an 8 plex that she wants to sell within the next few years. Would the solution below work, and if so, what would the limitations be?1. Grandmother puts my name on title. I'm now an owner.2. After 6 ...

This scenario often allows investors to purchase properties at competitive prices, potentially increasing their return on investment​​ and have smooth investing experience.Quality Education System: With several highly-rated public schools, Katy is an appealing location for families.

Mine offers a discounted rate when I used them.

Minor tweaks to the assumptions can cause wild variations in the calculated returns.The proforma is NOT God.If one steps backs and considers the notion any of us have a solid accurate idea what the world national local economy or interest rates or the real estate market in general will be like in 5 to 10 to 15 years are a heck of a lot smarter than I. 

$7,000 is a reasonable rate for a good job with quality paint that will last 7+ years.

I do know that HUD posts rates and the local housing authority can pay between 90-110% of that payment standard for the particular zip code the property is in.

In my town there is a 12% vacancy rate in rentals as it is. 

For the 10 year period spanning May 2014 through May 2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9.2% in that period.A 30-year fixed rate mortgage is sitting around 7% interest, which is down a bit from recent months, but still well above where we began 2024:The Fed monetary policy and rate decisions remain the biggest single driver of the residential real estate market overall.