LOL I am kidding but insurance carriers are pulling out of CA at alarming rates.

Those interest rates are never coming back.

Westchester 2-4 unit properties listed from January - May:2022: 2332023: 177 (Lower inventory likely due to the market adjusting to 6+% interest rates)2024: 274Lastly, since you're looking to acquire something with more favorable #s, you may want to begin your search with the "ugly" deals that have been on the market longer.

Hello,As the title says, I have found some properties that look to work in terms of cashflow and rate of return but I've never actually purchased a property before.

But if you would like to take advantage of their rates and terms while at the same time decreasing your tax burden then this post is for you!

Despite the Interest rate and Housing Crises, there are many people who are realizing the importance of Cash flow and Passive Income, and with current Interest rates, is it Realistic to seek a Cash Flow Positive rental investment, considering that you have bare minimum equity in the Property?

The first thing I would do is start analyzing the rental market that you are looking in to get a feel for comparable rental rates.

If you are 1 BR competing against hotels/motels it will affect your rates. 

Take Home Pay:  Approx $105K/YearMoving to Colorado in the next 6-9 months Living with a friend for extreme discounted rate Own two homes, one in Colorado cash flows around $250 , one in Florida (property of topic) [Mortgage$3200 HOA $440]

Down payments are still standard for FHA or conventional (3.5% of the total cost, purchase+construction) and rates are on par with standard FHA rates.