Let me say thanks to you now because I heard your company has been a major force in the appreciation in Bed Stuy.

I've read before about L/Os that set up a down payment, a monthly rent, a monthly addition to the down payment (forced savings) and then purchase for a predetermined price.

What then happens if your personal life/job etc. takes a dump and you are forced to sell or walk away.

They also force you into working in their molds and expect you to adapt to their software.

To be honest, it usually isn't something I necessarily hadn't learned before, but just sitting there for the mastermind forced me to re-consider various aspects (particularly my relevance score).

I am forced to be brief and vague in public forums by regulations.  

Not familiar with the market but it sounds like he overpaid, which isn't your problem, but at the end of the day you can't force the seller to eat a loss like that.

What I'm trying to say is, don't force the deal, I like properties that I can drive to (less than 2 hours from me).  

Which would in turn force appreciation of the property and let me refinance out sooner.My questionsDoes this seem like a good deal?

The local cities will be forced to add traffic signals for the higher amounts of traffic and that just extends your daily commute.The fact is that McMansions in the outer burbs are not a good investment.