@Will Jimenez I think you need to factor in the costs the minimum amount you would pay to close.

Good point.. if i factor in the PMI's as an effective rate, I might be better off w/ a higher rate and no PMI's..What would be an example of a portfolio lender? 

Negotiations were very difficult mainly because I had won, or thought I won, the auction 3 times in a row.

It could be illegal to charge a $5,200 security deposit in your state, depending on Maine's landlord-tenant laws.

Such vehicles are a means for your IRA to invest in real estate, not a way for you to get your hands on the IRA money for your own deals.So, the main comparison to make is; can the IRA grow better and more securely invested in real estate than it can in whatever it is invested in today.

If you cannot find a deal in Jacksonville, look an hour south to Orlando...With tourism and hospitality as its main economic drivers and backed by unprecedented population and employment growth, Orlando’s multifamily market is thriving.The metro added almost 47,000 jobs in the 12 months ending in May 2018, keeping Orlando well above the U.S. average.

So if there are other factors, 6% could very well be what you are likely to get right now.

Hey BPers,Got an offer accepted on a townhouse for a good price but it is a master on main (two bedroom, two bath).

One of the main advantages is that is was cheaper than buying a single-family home.

The main consideration is if they are active voting members or completely passive.