We have 20 experienced agents and enjoy a fabulous reputation for expertise and professionalism.

I read Wealth Protection Secrets of a Millionaire Real Estate Investor earlier this year and enjoyed it very much.

Remember, if you're going to assume all the risks, you should enjoy the reward.

I’m sorry, I really enjoyed this comment “Sweetie, leave your clothes on, but i need in call service!

We enjoy travel, hiking and too much more to list.

I also discuss parties in my lease, as well as that guests in general should not disturb the quiet enjoyment of other people.

I'd enjoy a screen-sharing conference call if you have the time - I can pull up that software and we can play with it.I have a GotoMeeting account.

I have a shore property that I rent out for 1 month and use the rest of the summer for my family's enjoyment.

I don't mean to sound jerky as I respect you and generally enjoy your posts and think you bring a lot of value to the community.That being said I didn't directly answer you question because it was a stupid question...Of course anyone in their right mind will take the $150K over the $160K in your example because you should be able to do MUCH better than a 2% return on half a million dollars.  

The advantages of FHA are that you only have to put 3.5% down, and you enjoy a lower interest rate (I have been quoted out at around 4.25%) As far as the down payment goes, I would end up spending somewhere in the $5,000 to $10,000 range in my relatively expensive Philadelphia suburb area where decent multi-units run anywhere from 150k to 270k (and higher but $270,000 is probably the highest I feel comfortable going).