I see it has an area for fees in lieu and an area for security deposits.

Their sky-high value will begin to decline at some point.End of year I am grossing $25k each unit, and netting $11k on the paid off unit after taxes, insurance, HOA fees and modest repairs.

They get their fee and feel they have to justify that fee by scaring the living sh** out of a prospective buyer.

(I'm worried that my sisters lower credit score will negatively impact interest rates)Purchase the house outright for $160K , pay off the note, wait 6 months seasoning period and take a HELOC out for AUD.

To get elevated rates on this one, we felt the interior needed a cosmetic face lift.

Or are things like cap rate, cash on cash return and cash flow more important than the amount of rent you receive?

I have thought about doing a HELOC but I feel like I am just creating another payment at a higher interest rate.

Rental rates are holding strong, which is promising for investors.

Hey everyone, as I'm sure you all know, it's hard to find properties that cash flow (or really even come close to 0) with the traditional 20% down and 7% interest rate that we currently have.

He also owns propwire.com which I currently have a free account that shows the history of the property and allows Skip trace for a fee.