Speaking of local Milwaukee experience: every deal that hits MLS get's looked over by literally hundrets of local investors in the first 24 hours.

@Jessica Geisler maybe the negativity is a good thing.

Also, student loans don’t accrue interest or require payments until 6 months after graduation.Are there any negatives that could come out of this that I am not seeing?

House hacking is great and all, but that is some serious negative cash flow.

Generally speaking, the more you borrow the better terms you will get.You don't want to get your only survey's done.

@Sundri Khalsa I can believe that you may own a condo in Jersey City that has negative cash flow.

NOPE 4 million was the bid.. hell we are only paying 4.4 for the whole track.. plan B I love this end of real estate .. most folks don't know squat about it and don't want to and rely on others you need to educate yourself on it.. and then work with the closers to make things happen.on your tax sale one.. if it goes to tax's does not matter who owned it right at least out here it would not tax sale clears title completely in our area.. everything except property tax's are wiped off and IRS has their short redemeption period.. speaking CA and WANOw in Oregon to my knowledge is the only state in the county that if you don't pay tax's it escheats to the state they take it in and sell it some years later as surplus.the state does not want to do this and will go to great lengths to help people not lose property..

You are paying a very high premium to purchase perceived cash flow and have actually turned the property into a liability as opposed to a asset.Your property with rent at $1000/month is far too low for a property valued at $150K and is already negative cash flow when accounting for the artificial cash flow that you are buying with your own cash/equity.

Subtract the Debt Service from the REFI at $68k and you're about $270k/month negative cash flow. 

@thanh Nguyen If I was going to Indianapolis Market I would Speak to @Jay HinrichsOriginally posted by @Thanh Nguyen:Hello BP members,I am a CA investor looking to invest in Indy rental property.