Note, that doesn't include 10% return of and on your money... or current expenses (the 10% R&V are for future expenses) add all that in, and you are over -$1,100 per month.When you leave and rent the unit out, my best guess is that it will be negative cash flowing as well, but only slightly ~ -$200 to -$300/mo.

In that sense, CoCR merely reflects whether the trade will have a positive or negative carry in the meantime.Finally, and with apologies to Buffett, it is better to buy a wonderful property at a fair price than a fair property at a wonderful price.

The few negative remarks in this thread of course worry me, but they have hundreds of customers so I expect as any review of any product or service, they are never 100% good.

My biggest concern is; will banks look at these deferments negatively?

Just remember: most negative reviews are written by problematic tenants.

Just remember: most negative reviews are written by problematic tenants.

We just mailed out 2500 this week (currently dealing with the positive and (shockingly) negative phone calls today. :)Just as heads up, you will need to send out lots of mailers over time to your list.  

I'll definitely look at navy fed since I'm active duty right now.On the topic of seasoning, I'm expecting about 22000 to come into my account in the next couple months, which would negate the need for a HELOC.

I don’t have the statistics for this but I checked with multiple Agents.

Expenses plus mortgage = negative cash flow at asking price.