Any decline has been in short duration. yes, a handful of years IS short duration in the time lens of real estate. 

Remember you will have rental income coming in which helps with income qualification plus when you do a renovation loan on a fixer up you can roll in the mortgage payments into your loan for the duration of repairs if the property is not inhabitable.

What is the avg lease duration ?

I recently bought in a family-neighborhood and when I move out, I will be looking to rent to a family that will hopefully remain as great tenants for the duration of the kids' schooling.

Details, exact pricing, and renewal duration can be found on the St.

You say you had a friend buy a house for the duration he was at the school, did your friend live in it and also rent out other bedrooms to other students?

It's always a shorter duration, rates are higher, potentially points on the loan, and your fees will be obscenely high as a percentage of the loan.

My driving for dollars portion of my activities with my coaching client in the Salt Lake City area was 5 hours, not two days in duration.

Duration of Offer.

I would also get an inspector or basement expert of some kind (We don't really have basements in most of Texas, so I don't know who specializes in that kind of work.) to look at the property and give you an estimate of the cost & duration of effort.