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25 September 2017 | 5 replies
So in some ways it is similar to long term buy n hold in an area with no appreciation (i.e. even if it has cash flow today in real terms it will only go down (taking into account inflation)).
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28 September 2017 | 14 replies
Also check to make sure its not "knob n Tube" electric wiring.
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29 December 2021 | 22 replies
Ma n Pops get the worst.
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23 September 2017 | 6 replies
In this case, Roy N. is right, rooms are even harder to finance and require a lot more cash down since their value for the bank is always lower than conventional units.
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26 September 2017 | 8 replies
I also agree with @Percy N. and try and split the difference just to get out from under it, if you need to sell it.
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25 September 2017 | 3 replies
@Roy N. - Sorry, should've been more clear!
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30 September 2017 | 114 replies
But you also have the n=1 statistical challenge.
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3 October 2017 | 7 replies
Where I have a questions now is that I have a potential 'investor' who might be interested investing in buy-n-hold properties with me by either; 1) lending me the down payment portion from their SDIRA at a set interest rate and term which I would use to take out a portfolio loan (20% down).