I was just ready to pull the trigger and everything looked good (from what my eyes could see)!

I was just ready to pull the trigger and everything looked good (from what my eyes could see)!

I was just ready to pull the trigger and everything looked good (from what my eyes could see)!

Even though it's not much cheap money as I would have liked to have.And the upfront cost of closing will be significantly offset by pushing back a mortgage payment.Any advice on whether this still makes sense to pull the trigger is appreciated. 

I am a flatlander or was until that weekend lol. but thank you so much I will defiantly be in contact with your realtor once we get ready to pull the trigger..

Hello BP I have pulled the trigger and have this deal.

I'm in the research/networking phase before pulling the trigger on a multifamily property in or around NYC (goal is to close by Q4 of 2022). 

You will still own the mortgage.You do not need an LLC for this one property that has a mortgage and insurance.You may trigger the due on sale clause with your mortgage and have to pay off the whole mortgage immediately. 

But based on the sliver of numbers provided already though CapEx a challenge to know without pictures, I would pull the trigger especially while interest rates are still low and appreciation is still expected to be above the normal rate this upcoming year to create instant equity.

Even though we felt this condo was a steal at $20k, the monthly HOA was $1,530 a month and I almost didn't pull the trigger but am so glad I didn't let fear stop me and I was able to easily sell for a very nice profit!