just wanted to say Hi to all of you, I'm based in Dubai and have my rental property running beside my employment job (still not retired).I'm available for any inquiry about Real estate market in Dubai as a friend.

The estimate is that the house is worth about 160-170k based on comps.

You can make certain assumptions about a property based on photos, permit records, and year built.

Also, some base their offer price on the repair price (i.e., $50/sq ft - seems too low), which makes no sense to me.

Your P/I is based on the amortization period during the balloon term. 

@Jordan Myer she is asking to lower it base on market on the area since it's been declining.

Do you buy assets based off of the financial data on that other asset.

Based on these rough numbers and assuming that a market rental appraisal would back up your stated income, you're looking at a DTI of ~44% at today's generic rates.

Here's what auction.com said about the transaction details: "Buyer will not be charged a Buyer's Premium for this property.If you are the Winning Bidder, an Earnest Money Deposit of 5% of the total purchase price or $2,500 (whichever is greater) is required.Buyer may receive a Special Warranty Deed or equivalent if Buyer is able to purchase title insurance without delaying the closing (title fees typically cost between $500 and $1500 and are based on the purchase price of the property).

I'm based in Virginia.