My experience is fairly light regarding actively investing.

I wanted to know what would be a good offer(owner finance deal) for a 4br 2bath property in a fairly decently neighborhood .

Hello all,I've run numbers on what I think are fairly conservative possibilities regarding a property and the question comes down to this.My CCR is almost 1.5% higher even after taking into account monthly PMI costs if I go with an 85% LTV vs an 80% conforming one.The obvious tradeoff is lower nominal cashflows esp because of a higher P&I cost, and lower equity, with more 'dead' cashflow going to PMI.

I am fairly new to the forum, and havent used it much, i will do that Steve.

I have spent my fair share of time pulling files or paying someone to pull files for me at the courthouse.

It just gets under my skin when someone says something as absolute truth when there's no proof and that's what Duncan did.

@Dustin HopeI had written a fairly lengthy response on the previous thread, but by the time I hit send, the thread had been zapped and my response along with it.Few points that I remember.

I have to admit that I'm very confused on how to buy at retail, get an institutional loan, rent it for fair market value and cover the mortgage, insurance and property taxes.

Another long time BP lurker here, finally getting around to introducing myself.My name is Geoff and I live in a fairly small and, in my opinion, unique community.

I thought I knew Colorado fairly well but Firestone is not coming to mind.