#s based on duplex I’m being shown420,000, rate 6.25%Mortgage payment: 3271 + 225 HOA (increase $65 starting July) =3561Currently paying 1200 in rent + utilities.I know you’re going to scream at me for this.

Remember: Insurance companies want you to pay the bill and when it comes to their turn, will do everything they can to NOT pay.I would get clear on that piece before proceeding further.

@LeNelle Parker-Sims welcome, but understand we like to have a little fun with newbies that intro themselves like this is a dating site:https://www.biggerpockets.com/blog/2015-04-01-biggerpockets-love-dating-site-real-estate-entrepreneursPlease ask specific questions we can help you with!

Note that you may have more tenant-to-tenant issues to deal with though.As with any real estate investment, you pays your money, you takes your chances :)

Facts to consider: The condo is in my husbands name, has been for about 5 years so the capital gains taxes would be ours to pay upon sale.

While you pay for their utilities and repairs.

You are allowed control over who pays what costs through control panels within the program… so you can control who pays the fee to screen a tenant and how much you charge for that service as well.  

I signed a WS contract with a seller this week....after which I discovered he owes more on the property than the contract dictates that I pay him: we agreed upon $85,000.

You can use it to secure a loan, usually between 75-80% of its value, giving you the financial muscle to pay cash for your new property in Florida, in your preferred areas between Port Saint Lucia and Melbourne/Viera.For example (I'm making assumptions):Imagine you're selling your Kentucky home for $400,000.

@Kev Li    is the large purchase something you are going to be able to pay back quickly?