If you can save extra money, I would move and save the rest for a house.

if you'd like the cap adjusted higher than 72, it's an extra $25/month per additional degree in temperature"Thoughts?

I do have extra cash I could use to pay down the balance to get to a more favorable cash flow/or at least help to increase the amount of principle paid each month.

If you in turn use them for the actual transaction, there shouldn't be much extra cost.

I have a bank-owned listing with a notice of substandard property lien on title put on by the city because of outstanding building permits expired without being finalized.

Utilities are sometimes billed back to tenants, but getting an extra $600 is pretty good.

If you get a rehab loan from a hard money lender you should be able to do the work yourself provided that you get the required permits.

I would be able to give him a down payment of at least 3% in February and most likely pay an extra $100 over the mortgage until we can finance.

If I could at least break even I would be OK so that I could start making extra principle payments.

I figure if I could find a killer deal that maybe it would be worth it to pay an extra couple thousand and start now instead of later while still realizing what Jon says; of knowing if you can make it work or not at the worst situation.