Of course your best bet is just to stay clear of any words that end with 's'.Just me two cent(s)...

I don't want to criticize anyone's hometown but your best option may be to get out of Williamsport. 30% ownership rate sounds like it may be 1/2 the national average, which implies (at least to me) that the economic conditions may not be great there.My best bet is to accumulate some cash, even if you get the ppty with little or no out of pocket (which is not as likely or easy in real life as shown on late nite informercials), it still takes cash to repair and operate ppty.Good luckall cash

They had big money defense and I would bet in Vegas that they dont spend a day in jail.

LOL Ill bet you all did it that read this book!

And I realize how important it is to "slam every nickle" into the mortgage because when I used one of those mortgage calculators, adding an additional 100-200 dollars makes a HUGE difference in the amount of interest you would pay out for the life of the loan.

I bet that would work :mrgreen:

Have a major insurance company look at the property before you offer and say they'll carry it or contact the sellers guy (they're getting so pickey) and make sure those taxes/insurance are calculated to the month (don't accept old records) to know exactly what costs are going to be.

I will add that you need to make sure you calculate vacancy loss, taxes, insurance, repairs, maintenance and seriously consider hiring a property manager.

I have few calculators on my website that would help you decide.

In fact, I'd bet that the number is probably less than 40%.Most American millionaires (those with a net worth of more than $1,000,000) are "self made".