Requires a bit more management but makes more sense given the current legal framework.Happy to chat and share info on the market if you are still exploring investing in Madrid Real Estate.

I made a 5% down payment on the house, and another 5% down payment was allocated towards the rehab expenses.

@Mark Wurtemberg As a number's guy, I really appreciate you posting some real life income and expenses. 

And now it's not.I've heard of 203k loan but don't know anything about the requirements. 

Quote from @Sheila Nyandebvu: I believe the law requires them to provide a settlement statement 72 hours prior to closing, and you should definitely have one during closing.Do you have any documentation showing what rate they quoted when you first applied?

Hi everyone, 
I am selling a property that I own now for almost 6 years to 1031 into another property. 
The buyer had an inspection and has requested for some cap ex repairs (new roof and new sewer pipe).
I'm deba...

You should have at LEAST 3 months of expenses in reserves.

I have a new tenant and I now require someone to assist me with managing onsite.

To sit in the 1st position requires repapering the higher equity deal with the low IR.Any thoughts on how I can access this equity without selling or refinancing the more valuable property?

I'm looking into investing out of state since my island home is so expensive.