Houses in the area are selling for as high as the low $300's and this house, with work, will be beautiful and go with the change in the neighborhood.

The beauty of this loan is that you are all in to the prop for only 15% of the total borrowed value.

A property in disrepair in a crappy part of town is going to have a higher cap rate (I'd need more income per dollar of purchase price) than a beautiful office park in a really nice part of town (I'll take less income, for more potential).Therefore, you have two ways to seek appreciation in commercial properties:1) Increase the income of the property2) Purchase properties in parts of town that are likely to improve - as conditions improve and expectations for future growth increase, cap rates will fall, and prices will increase.Was this helpful?

You may or may not like it but that's the beauty of the business because if you don't like one aspect you can try another.

The beauty of this arrangement is that the cash value earns a great rate of return, grows tax free, and you can borrow against it any time you need access to the money because it belongs to you.Term is a waste of money.

the state of Washington is f***ing beautiful for hikes, camping, fishing, biking, climbing.High wages for professionals.

Yet I (and Wal-Mart) are not evil...even though I live comfortably each month and could easily absorb the loss of a not performing property.Free markets are a beautiful thing.  

Nathan, Beautiful!

They have a beautiful home on the water that they own and currently live elsewhere and are flat out doing nothing with the property.

New build houses are usually less of a headache for landlords though, just make sure you insure it well in case a tenant trashes your beautiful new house!