Much of that gain will be applied to bonus recapture, but the pure capital gain part will be subject to UDFI at cap gains rates, based on the debt ratio. 

We are scheduled to close on our first duplex in about a month and it’ll be a complete rehab using my heloc funds (tried to get a rehab loan but no joy since I’m not yet with a local bank.

While Cincinnati was a better market than Columbus by the pure measure of our data, we felt after level three that Columbus’s market fundamentals gave it the edge as a launching pad.Level four was the final filter.

Everyone’s thoughts are pure speculation.

In 3 years, you get all your cash back and own a cash flow property.Most investors would jump for joy for a deal like this.Just trying to help with the analysis………..But I am skeptical one can buy with FHA financing at an 8% cap and get a 34% cash on cash return……And if you could, why wouldn’t you?

I was purely looking at it from marketing, but I concur, systems, software, etc. could apply to any market.

I do recall hearing that the Birmingham market never fell as far as other markets, and therefore, did not have as far to return, but that could all be just pure speculation.

Originally posted by @Joy Hunton:Hi, Swapna.  

A 20-30% down payment is common for pure investment properties, while a down payment of 3.5% is possible on multi-family properties if you plan to live in the property for at least a year.

Its highly unlikely that you're going to get an eviction order based on a couple cigarette butts, as this is purely circumstantial evidence.