Now he is saying that it's a "second home" mortgage (higher interest rate) because she won't be living there (but if I buy in MD, we still have to pay the state transfer tax because I have owned in MD before.)

This tweet From X is very funny :So, basically, we buy 9caps in the Midwest.

-People who bought at the height of the market in 2008 are actually doing better than anyone buying today assuming they kept the property.

The cost for material would be $15-20 on the low end and that would leave only $$25-30 to go to the store buy a door knob come back and install.

ROW owner won’t buy it because he doesn’t want the tax liability.

So know this: Learning the ropes is generally not quick or easy.You should avoid anyone with a whiff of “get rich quick” in his sales pitch, as well as “no money down” buying strategies.3.

Of course, this is going to depend on how many points you're willing to eat for buy down (break even analysis timeline is a must), but either way, mid 9%s is at least 1-2% high.  

Commission to buying agent was 2%.

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.I lived in this home for almost 2 years and had always been interested in turning it into a rental.